+ Follow NATIONAL FOODS LTD Tag
NATIONAL FOODS LTD
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[results] => Array
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(
[ArticleID] => 369198
[Title] => SMC net income jumps 18% to P6.17B in 9 mos
[Summary] => Southeast Asia’s largest food and beverage conglomerate San Miguel Corp. (SMC) reported an 18-percent growth in net profit during the first nine months this year to P6.17 billion on the back of higher revenue contributions from its overseas operations.
Consolidated revenues rose 14 percent to P183 billion while consolidated operating income grew 25 percent to P14.7 billion as cost-savings programs across the entire organization helped offset high costs, the company said in a statement.
[DatePublished] => 2006-11-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 360674
[Title] => SMC declares 35¢ per share cash dividend
[Summary] => Food and beverage giant San Miguel Corp. (SMC) has declared a cash dividend of 35 centavos per share, payable on Nov. 6.
In a disclosure to the Philippine Stock Exchange, SMC said those entitled to receive the cash dividend are shareholders on record as of Oct. 13.
[DatePublished] => 2006-10-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 360818
[Title] => SMC declares 35¢ per share cash dividend
[Summary] => Food and beverage giant San Miguel Corp. (SMC) has declared a cash dividend of 35 centavos per share, payable on Nov. 6.
In a disclosure to the Philippine Stock Exchange, SMC said those entitled to receive the cash dividend are shareholders on record as of Oct. 13.
[DatePublished] => 2006-10-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 352011
[Title] => SMC profit up 15% to P4.36B in H1
[Summary] => Food and beverage giant San Miguel Corp. (SMC) reported a 15-percent growth in its net income for the first six months of the year to P4.36 billion, largely due to lower raw material costs, stringent cost containment measures, and significant contribution from Australian dairy giant National Foods Ltd.
In a statement issued yesterday, SMC said consolidated net sales sustained double digit growth during the period, rising 21 percent to P121.6 billion.
[DatePublished] => 2006-08-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 346881
[Title] => Coca-Cola may buy back majority stake in Philippine unit
[Summary] => Food and beverage giant San Miguel Corp. said US-based The Coca-Cola Co. is keen on acquiring a majority stake in Coca-Cola Bottlers Philippines Inc. (CCBPI).
In a disclosure to the Philippine Stock Exchange, San Miguel said the company and The Coca-Cola Co. continue their discussions on the ownership of CCBPI.
"The discussions, at this time, include negotiations over The Coca-Cola Co. taking at least majority stake in and management and operational control of CCBPI," San Miguel said.
[DatePublished] => 2006-07-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 332294
[Title] => SMC bond issue to raise $500M
[Summary] => San Miguel Corp. (SMC), Southeast Asia’s largest food and beverage conglomerate, will likely raise $500 million from its US dollar-denominated perpetual bond issue.
The bonds, to be issued by wholly-owned offshore subsidiary San Miguel Capital Funding Ltd., have a call option after five years. Citigroup Global Markets Ltd., Credit Suisse Securities (Europe) Ltd., Deutsche Bank AG and HSBC Holdings are the joint bookrunners for the deal, which Moody’s Investors Service rated at Ba3, three notches below investment grade.
[DatePublished] => 2006-04-20 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 330240
[Title] => SMC sales up 30% in first two months
[Summary] => Food and beverage giant San Miguel Corp. registered a 30-percent growth in sales to P38.8 billion in the first two months of the year, driven by the strong performance of its overseas and domestic units as well as a successful cost-cutting program.
San Miguel said the increase in sales translated to a four- percent gain in net profit during the period under review to P988 million. Operating income, meanwhile, amounted to P3.03 billion or an increase of 50 percent from the year- ago level.
[DatePublished] => 2006-04-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 326675
[Title] => San Miguel sees bright prospects for this year
[Summary] => Banking on the continued strong performance of its core businesses and the growth potential of its Australian businesses led by dairy giant National Foods Ltd., food and beverage conglomerate San Miguel Corp. is anticipating improved prospects this year.
[DatePublished] => 2006-03-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 326303
[Title] => SMC’s Nat’l Foods posts 4.3% sales hike in 2 mos
[Summary] => Australian dairy giant National Foods Ltd., a subsidiary of San Miguel Corp., reported a 4.3-percent growth in sales across all its principal products in the first two months of the year.
In a statement, National Foods said the volume increases on different distribution channels were accounted for by milk sales in route, juice and yogurt in groceries and bulk cream and cheese sales in new areas.
[DatePublished] => 2006-03-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 324214
[Title] => SMC posts P9.15-B net income in 2005
[Summary] => San Miguel Corp. (SMC), Southeast Asia’s largest food and beverage company, said yesterday its net income last year rose three percent to P9.15 billion from a restated net profit of P8.86 billion in 2004, on strong overseas sales.
Excluding one-time expenses and charges, SMC said its net income for 2005 would have increased by 10 percent.
Consolidated revenues grew 30 percent to P226.9 billion, mainly due to higher exports and sales and the consolidation of its Australian businesses led by dairy giant National Foods Ltd. (NLF).
[DatePublished] => 2006-03-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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