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RSA thanks Pinoys for brand love as SMFB records 13% income growth

Bilyonaryo Ramon S. Ang credited avid Pinoy consumers for driving the double-digit income growth for San Miguel Food and Beverage (SMFB).

The chairman, president and CEO of the conglomerate proudly reported the P13.1-billion bottom line of SMFB in the first quarter of 2024, representing a 13% year-on-year growth.

“This reflects the strength of our brands, the value of our strategies, and the hard work of our dedicated teams,” he said in a Facebook post. “A special thanks to our employees, who drive our success, and whose efforts enable us to exceed our goals.”

“To our valued customers, your trust motivates us to constantly improve and innovate. We remain committed to leveraging our strengths to meet future challenges, and maximize value for all our shareholders,” Ang added.

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