About 95% of P1.5 trillion revenues distributed across broader economy – SMC

MANILA, Philippines — Diversified conglomerate San Miguel Corp. (SMC) said that about 95 percent of its total revenues in 2025 have been distributed across the broader economy, supporting businesses, jobs, public revenues and economic activity.

In a report, SMC said it distributed P1.43 trillion of the P1.5 trillion in total revenues last year back to suppliers, employees, investors, communities and the government.

It said that P995 billion of total revenues went to suppliers and operating expenses, helping support businesses across SMC’s nationwide supply chain and enabling them to sustain operations, generate income and provide employment in their communities.

The company said around P221 billion went to taxes and other government payments, helping fund public services, infrastructure and social programs, while another P153 billion went to payments to providers of capital, including investors and shareholders.

Meanwhile, P58 billion went to salaries and benefits for SMC employees, while P560 million was invested in community development programs.

“At San Miguel, creating value goes well beyond financial performance. Our job is not just to provide quality food and beverage products and access to everyday necessities such as power, fuel and infrastructure,” SMC chairman and CEO Ramon Ang said.

“Our bigger mission is to help sustain our economy and create the conditions needed to ensure more Filipinos have jobs and opportunities that can uplift and sustainably improve their lives,” he said.

SMC reported a core net income of P79.6 billion in 2025, which it said would support growth and further investments.

Its workforce grew to 59,117 last year, with about 64 percent of employees based outside Metro Manila.

SMC’s operating footprint includes 5,710 megawatts of total energy capacity, 225 kilometers of expressways, fuel-refining capacity of 180,000 barrels per day in Bataan, and annual cement production capacity of 17.5 million metric tons.