July 1, 2026
San Miguel Foods contributes to SMFB's solid first-quarter performance
San Miguel Food and Beverage, Inc. (SMFB) held its Annual Stockholders' Meeting on June 3, 2026, at the SMC Head Office Complex Executive Dining Room, with stockholders able to participate both in person and via livestream. During the meeting, management presented the Group's full-year 2025 and first-quarter 2026 results and discussed key priorities for its three core businesses—San Miguel Foods, San Miguel Brewery, and Ginebra San Miguel.
SMFB’s first-quarter net income rose 2% to P11.8 billion, supported by gains in its food and spirits businesses, stable beer performance, and disciplined cost management amid a more uncertain operating environment.
Key executives of SMFB, from left: Cynthia M. Baroy, COO of the Spirits division, Carlos Antonio M. Berba, COO of the Beer division, Monica L. Ang-Mercado, CFO, John Paul L. Ang, president and CEO, Aurora T. Calderon, director, Emmanuel B. Macalalag, COO of the Food division, and Atty. Alexandra B. Trillana, corporate secretary.
Revenue increased 4% to P103.1 billion in the three months ended March 31, 2026, while income from operations climbed 3% to P15.7 billion. Earnings before interest, taxes, depreciation and amortization rose 4% to P20.4 billion, with margins steady at 20%.
The company said demand remained stable across its main categories, though geopolitical tensions, fuel price volatility, and other cost pressures continued to weigh on the operating environment.
San Miguel Foods turned in a strong quarter, with revenue rising 7% to ₱49.6 billion, driven by its feeds segment and sustained demand for branded products, including Magnolia dairy and coffee products and Purefoods meats. Operating income grew 10% to ₱4.9 billion, while net income climbed 8% to ₱3.3 billion — reflecting the continued strength of its core brands and the effectiveness of its operations amid a challenging environment.
The beer business recorded P36.8 billion in revenue, reflecting stable performance for the period. Domestic revenue reached P32.7 billion, supported by price adjustments amid volume and cost pressures, including higher excise taxes. Operating income was maintained at P7.9 billion, while net income stood at P6.2 billion, helped by cost controls and continued investments in brand and channel initiatives.
The beer business continued to support core brands such as San Miguel Pale Pilsen and Red Horse Beer, alongside newer products like San Miguel Mango Yuzu, through marketing and channel initiatives.
International beer operations contributed US$68.3 million in revenue, despite the impact of the ongoing Middle East crisis on export sales.
The spirits business reported a 3% rise in revenue to P16.7 billion, with operating income at P2.8 billion and net income at P2.3 billion, also supported by brand-building initiatives and disciplined cost management.
SMFB said it will continue investing in its operations and supply chain while maintaining cost discipline and strengthening its core businesses for long-term growth.
Dati, akala ko ay madali lang gawing healthy ang pagkain ng pamilya. Kumain ng mas maraming gulay at prutas. Bawasan ang matatamis at maalat. Siguraduhing nakakakain nang maayos ang mga anak. Simple lang, 'di ba? Pero iba pala kapag nanay ka na kailangang mag-plano ng lulutuin -- mamamalengke, mag-bubudget, maghahanda ng pagkain, at sisiguraduhing makakakain ang lahat. Kaya ang akala ko ay magkaiba ang masustansiyang pagkain at pagkaing madaling lutuin araw-araw .
With so much nutrition information available today, choosing what to eat can sometimes feel overwhelming. Food labels, health claims, social media posts, and nutrition advice can all influence the way we see and choose our food. The good news? Making better food choices does not require following complicated rules. It starts with understanding the information available and putting it into context. Being food-informed means looking beyond simple claims, asking thoughtful questions, and considering how each food fits into your overall eating pattern.
What happens when nutrition education moves beyond the classroom and into the everyday realities of Filipino families?
Supporting Better Digestion in a Desk-Bound Work Environment
By Mario V. Capanzana, PhD, RChE, PFT Executive Director, Philippine Chamber of Food Manufacturers Inc. (PCFMI)
San Miguel Foods (SMF) joined the Department of Trade and Industry's (DTI) Tatak Pinoy event held from May 25 to 27, 2026 at the SMX Convention Center Manila in Pasay City — a three-day showcase celebrating the strength, diversity, and global competitiveness of Philippine industries. The event brought together key sectors of the Philippine economy, including Information Technology and Business Process Management, Food and Agro-Processing, Semiconductors, Pharmaceuticals, and Defense Manufacturing, among others. More than an exhibit, Tatak Pinoy served as a platform for industry linkages, investment promotion, and the advancement of locally manufactured products in both domestic and international markets.
Food is fuel—but not all diets are the same. A person going about daily life has very different nutrition needs than an athlete training hard every day. Understanding these differences can help you eat smarter, stay healthy, and perform your best.
What Is an Intelligent Diet? An intelligent diet is a practical expression of personalized nutrition. It provides the right nutrients, in the right amounts, at the right time, for the right person. Instead of labeling foods as “good” or “bad,” it focuses on how foods fit into an individual’s lifestyle and health goals.
Healthy eating starts with knowledge, access to nutritious ingredients, and simple ways to prepare meals at home. This was the focus of the Gulayan Festival 2025–2026 (Division Level) , organized by the Schools Division Office of Quezon City on March 6, 2026, with San Miguel Foods’ Star Nutri-Meats proudly supporting school gardens, nutrition education, and practical cooking for Filipino families.
San Miguel Foods (SMF) has partnered with the Government Service Insurance System (GSIS) to make its livelihood and small business programs more accessible to GSIS members, pensioners, dependents, and eligible public sector cooperatives and unions. Through the partnership, GSIS stakeholders will have a dedicated channel to access SMF's livelihood and community reseller programs, which are also available to other interested participants nationwide. Qualified applicants may become community resellers of SMF products for as low as P2,000, with no franchise or royalty fee required. They will gain access to a wide range of trusted food products, including hotdogs, nuggets, bacon, corned beef, luncheon meat, ice cream, cheese, margarine, salad aids, and coffee mixes. Selected partners may also offer Magnolia Chicken products, including Magnolia Timplados.
