San Miguel Corp. on Monday said its net income attributable to equity holders reached P2.2 billion in the first quarter, a steep drop from the previous year's P4.23 billion during the same period, as foreign-exchange losses damped performance. Without the forex losses of about P1.8 billion, the company's net income for the period would have been at P4 million, the company said.
|Source Institution||Securities and Exchange Commission|
|Place of Publication||Mandaluyong City|
|Original Publication Date||May 13, 2014|