# Philippine corporate earnings reports > Live situation record from CLSTR: https://clstr.news/situations/philippine-corporate-earnings-reports > Updated: 2026-08-17T07:23:00.000Z. Sources: 3. Developments: 2. 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. ## Timeline ### 2026-08-17: San Miguel Corporation and SSI Group report mixed H1 2026 earnings San Miguel Corporation's core net income rose 48% in H1 2026, while retailer SSI Group saw a 39.5% profit decline due to rising operating costs. 3 sources. https://clstr.news/cluster/san-miguel-corporation-and-ssi-group-report-mixed-h1-2026-earnings ### 2026-08-05: Philippine firms SMFB and SMPC report modest first‑half earnings growth SMFB’s revenue rose 2% to ₱205.3 bn, food growth offset a 1% beer decline; SMPC’s net income rose 2% to ₱8.58 bn, powered by record electricity sales while coal output fell sharply. 2 sources. https://clstr.news/cluster/philippine-firms-smfb-and-smpc-report-modest-firsthalf-earnings-growth --- Cite as: Philippine corporate earnings reports. CLSTR, https://clstr.news/situations/philippine-corporate-earnings-reports