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August 05, 2015 6:42 AM ET

Food Products

Company Overview of San Miguel Pure Foods Company, Inc.

Company Overview

San Miguel Pure Foods Company, Inc., together with its subsidiaries, provides food products and services in the Philippines and internationally. It operates through three segments: Agro-Industrial, Value-Added Meats, and Milling. The company is engaged in the poultry and livestock farming operations; and processing and sale of poultry products. It is also involved in the production and marketing of refrigerated meat products, such as hotdogs, bacon, hams, and nuggets; and canned meat products, which include corned beef, luncheon meat, sausages, spreads, and ready-to-eat viands. In addition, the company manufactures and markets feeds and flour products, premixes, cooking oils, breadfill, butt...

The JMT Corporate Condominium

23rd Floor

ADB Avenue

Ortigas Center, Metro Manila

Pasig City,  

Philippines

Founded in 1953

Phone:

63 2 702 5000

Fax:

63 2 634 1801

Key Executives for San Miguel Pure Foods Company, Inc.

San Miguel Pure Foods Company, Inc. does not have any Key Executives recorded.

San Miguel Pure Foods Company, Inc. Key Developments

San Miguel Pure Foods Company, Inc. Announces Amendment to the By-Laws

San Miguel Pure Foods Company, Inc. announced that approval of amendment to the Company's By-laws by the Securities and Exchange Commission, received by the Company on June 18, 2015.

San Miguel Pure Foods Company, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

San Miguel Pure Foods Company, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, revenue was PHP 25,091,135,000 against PHP 24,229,084,000 a year ago. Income before income tax was PHP 1,327,744,000 against PHP 1,277,400,000 a year ago. Net income attributable to the equity holders of the parent company was PHP 918,332,000 or PHP 3.71 per basic and diluted share against PHP 870,299,000 or PHP 3.42 per basic and diluted share a year ago. Net cash flows provided by operating activities were PHP 1,841,102,000 against PHP 1,776,767,000 a year ago. Acquisitions of intangible assets were PHP 457,351,000 against PHP 67,916,000 a year ago. Acquisitions of property plant and equipment were PHP 428,337,000 against PHP 70,562,000 a year ago. Operating income grew 10% to PHP 1.47 billion. Return on average equity was 13.80% for the period ended March 2015 against 11.99% for the period ended December 2014.

San Miguel Pure Foods Company, Inc. Announces Amendments to By-Laws

San Miguel Pure Foods Company, Inc. announced the approval of amendment to By-laws by the Board of Directors and stockholders of the company. The amendments include the corporation shall have at least two independent directors or such other number as may be required by applicable laws and regulations. For this purpose, an independent director shall mean a person other than an officer or employee of the corporation, its parent or subsidiaries, or any other individual having a relationship with the Corporation, which would interfere with the exercise of independent judgment in carrying out the responsibilities of a director.

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