San Miguel Corporation · PSE:SMC
San Miguel — H1 2022 Earnings Presentation
13 slides from San Miguel's earnings presentation, Aug 4, 2022
Slide 1: Analysts' Briefing 2022 First Semester Results
SAN MIGUEL SAN MIGUEL PETRON CORPORATION Analysts' Briefing 2022 FIRST SEMESTER RESULTS AUGUST 4, 2022
Slide 2: San Miguel Corporation First Semester 2022
San Miguel Corporation First Semester 2022 (IN MILLION 1H2022 1H2021 CHANGE% PESOS) NET SALES 711,416 410,124 73% INCOME FROM 85,858 61,016 41% OPERATIONS NET INCOME 19,805 29,570 -33% NET INCOME excluding Forex 32,489 26,098 24% and CREATE Law EBITDA 91,205 80,660 13% 2
Slide 3: San Miguel Food and Beverage, Inc.
San Miguel Food and Beverage, Inc. First Semester 2022 (IN MILLION PESOS) 1H2022 1H2021 CHANGE% NET SALES 172,122 146,791 17% INCOME FROM 26,567 23,042 15% OPERATIONS NET INCOME 18,758 17,363 8% 3
Slide 4: San Miguel Brewery Inc.
San Miguel Brewery Inc. (a Division of San Miguel Food and Beverage, Inc.) First Semester 2022 (IN MILLION PESOS) 1H2022 1H2021 CHANGE% NET SALES 64,985 54,332 20% INCOME FROM 14,726 12,077 22% OPERATIONS NET INCOME 10,656 9,507 12% 4
Slide 5: Ginebra San Miguel Inc.
Ginebra San Miguel Inc. (a Division of San Miguel Food and Beverage, Inc.) First Semester 2022 (IN MILLION PESOS) 1H2022 1H2021 CHANGE% NET SALES 23,148 20,228 14% INCOME FROM 3,271 2,614 25% OPERATIONS NET INCOME 2,483 2,087 19% 5
Slide 6: San Miguel Foods
San Miguel Foods (a Division of San Miguel Food and Beverage, Inc.) First Semester 2022 (IN MILLION PESOS) 1H2022 1H2021 CHANGE% NET SALES 83,993 72,236 16% INCOME FROM 8,610 8,359 3% OPERATIONS NET INCOME 6,052 6,178 -2% 6
Slide 7: San Miguel Foods First Semester 2022
San Miguel Foods (a Division of San Miguel Food and Beverage, Inc.) First Semester 2022 7
Slide 8: San Miguel Packaging Group
San Miguel Packaging Group First Semester 2022 (IN MILLION PESOS) 1H2022 1H2021 CHANGE% NET SALES 16,080 14,617 10% INCOME FROM 959 614 56% OPERATIONS 8
Slide 9: SMC Global Power Holdings Corp.
SMC Global Power Holdings Corp. First Semester 2022 (IN MILLION PESOS) 1H2022 1H2021 CHANGE% NET SALES 102,580 60,279 70% INCOME FROM 12,763 17,158 -26% OPERATIONS NET INCOME (1,831) 12,219 -115% 9
Slide 10: Petron Corp.
Petron Corp. First Semester 2022 (IN MILLION PESOS) 1H2022 1H2021 CHANGE% NET SALES 398,517 174,131 129% INCOME FROM 16,016 8,948 79% OPERATIONS NET INCOME 7,706 3,873 99% 10
Slide 11: SMC Infrastructure
SMC Infrastructure First Semester 2022 (IN MILLION PESOS) 1H2022 1H2021 CHANGE% NET SALES 13,425 8,485 58% INCOME FROM 6,018 2,319 160% OPERATIONS 11
Slide 12: SMC Financial Position
SMC Financial Position First Semester 2022 (In Bil Php) As of June 2022 As of December 2021 Total Assets 2,222 2,052 Cash 303 300 Interest-bearing debt 1,123 1,005 3.49x 3.39x 2.01x 2.25x 1.47x 1.36x 1.65x 1.23x 1.07x 0.90x Current Ratio Total Liabilities to Equity Interest-bearing Debt to EBITDA-to
Slide 13: Thank you!
Thank you! SMCInvestorRelations@sanmiguel.com.ph w w w. s a n m i g u e l . c o m . p h w w w. s a n m i g u e l b r e w e r y. c o m . p h w w w. g i n e b r a s a n m i g u e l . c o m . p h w w w. s m f b . c o m . p h w w w. p e t r o n . c o m w w w. s m c g l o b a l p o w e r. c o m . p h