Philippine corporate earnings reports

In August 2026, several major Philippine firms reported mixed financial results for the first half of the year.

San Miguel Food and Beverage Inc. (SMFB) initially reported a 2% rise in revenue to ₱205.3 billion, noting that a 5% increase in its Food segment helped offset a 1% decline in beer sales. While its net income and operating income saw slight declines, Chairman Ramon S. Ang described the business as resilient against supply-chain pressures and softer consumer spending.

San Miguel Corporation (SMC) later reported a 48% increase in consolidated core net income to ₱54.2 billion, with revenue rising 34% to ₱964.1 billion due to growth in the Fuel and Oil, Power, and Food sectors. However, reported consolidated net income fell 44% to ₱37.7 billion, a decline attributed to foreign exchange effects and non-core items.

Other companies reported varying performance levels. Semirara Mining and Power Corp. saw a 2% increase in net income to ₱8.58 billion, driven largely by its power division. Conversely, SSI Group Inc. experienced a 39.5% decline in first-half net income, totaling ₱273.3 million, as rising operating expenses such as store rentals and personnel costs impacted profits despite an increase in net sales.