San Miguel Food and Beverage Inc. (SMFB) posted a 2% increase in first-half 2026 revenue to ₱205.3 billion, driven by continued growth in its food business despite softer consumer spending, inflation, and geopolitical disruptions that affected some export markets. Gross profit remained steady at ₱58.4 billion, while EBITDA slipped 1% to ₱38.8 billion. Operating income declined 4% to ₱28.8 billion …
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The Market Monitor Minding the Nation's Business