LONDON—Conglomerate San Miguel Corp. expects to return to profitability and reverse its foreign exchange losses in 2013 as the peso continues to strengthen against the US dollar. At the same time, its ...

MANILA, Philippines - Huge foreign exchange losses dragged diversified conglomerate San Miguel Corp. (SMC) into the red in the first semester. “Including unrealized forex losses, net loss ...

ANG-LED conglomerate San Miguel Corp. (SMC) reported a sharp increase in its first-quarter net income to P43.4 billion from P8.9 billion a year earlier, fueled by foreign exchange (forex) gains and a ...

MANILA, Philippines - Foreign exchange losses continued to weigh down the income of diversified conglomerate San Miguel Corp. (SMC) even as it posted higher revenues in the first quarter. In a ...

If you struggle with knowing whether a trend is likely to continue or reverse, this guide will help you get clarity. I’m going to walk you through the exact way I read SMC market structure using ...

MANILA, Philippines — One-time gains from the partial sale of power assets and foreign exchange gains bolstered earnings of diversified conglomerate San Miguel Corp. (SMC) in the first quarter, ...