Slide 1: SEC Form 17-C Current Report
C05602-2019 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Aug 8, 2019 2. SEC Identification Number 31171 3. BIR Tax Identification No. 000-168-801
Slide 2: PSE Disclosure Form 4-30 - Material Information
PCOR SERIES C BONDS DUE 2024 (IN MIL 13,200 PESO) PCOR SERIES D BONDS DUE 2025 (IN MIL 6,800 PESO) TOTAL DEBT AS OF JUNE 30, 2019 (IN MIL 279,754 PESO-CONSO) 11. Indicate the item numbers reported herein Item 9 The Exchange does not warrant and holds no responsibility for the veracity of the facts a
Slide 3: Filed on behalf by
Filed on behalf by: Name Jhoanna Jasmine Javier-Elacio Designation Legal Manager and Assistant Corporate Secretary
Slide 4: Letter to Philippine Stock Exchange: SMC Investors' Briefing
August 8, 2019 PHILIPPINE STOCK EXCHANGE, INC. Disclosure Department 6th Floor, PSE Tower 5th Avenue corner 28th Street Bonifacio Global City, Taguig City Attention: Ms.Janet A. Encarnacion Head, Disclosure Department PHILIPPINE DEALING & EXCHANGE CORP. 29th Floor, BDO Equitable Tower 8751 Paseo de
Slide 5: Investors' Briefing 2019 First Semester Results
INVESTORS’ BRIEFING 2019 FIRST SEMESTER RESULTS August 08, 2019
Slide 6: San Miguel Corporation
SAN MIGUEL CORPORATION FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 509,495 499,000 2% Income from Operations 57,616 67,006 -14% Net Income 26,152 27,585 -5% EBITDA 79,876 83,504 -4% 2
Slide 7: San Miguel Food and Beverage, Inc.
SAN MIGUEL FOOD AND BEVERAGE, INC. FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 151,107 137,608 10% Income from Operations 21,568 22,889 -6% Net Income 14,670 15,370 -5% 3
Slide 8: San Miguel Brewery Inc.
SAN MIGUEL BREWERY INC. FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 70,283 62,510 12% Income from Operations 18,933 17,311 9% Net Income 13,258 11,799 12% 4
Slide 9: Ginebra San Miguel Inc.
GINEBRA SAN MIGUEL INC. FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 14,695 12,213 20% Income from Operations 1,596 862 85% Net Income 980 506 94% 5
Slide 10: San Miguel Pure Foods
SAN MIGUEL PURE FOODS (a Division of San Miguel Food and Beverage, Inc.) FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 66,131 62,886 5% Income from Operations 1,063 4,712 -77% Net Income 447 3,061 -85% 6
Slide 11: San Miguel Pure Foods First Semester 2019
SAN MIGUEL PURE FOODS (a Division of San Miguel Food and Beverage, Inc.) FIRST SEMESTER 2019 Animal Nutrition & Health(1) Protein(2) Flour Milling Prepared & Packaged Food(3) 1 Feeds and vetmed 2 Poultry and fresh meats 3 Processed meats, dairy, spreads and biscuits, and coffee businesses 7
Slide 12: San Miguel Packaging Group
SAN MIGUEL PACKAGING GROUP FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 17,835 17,556 2% Income from Operations 1,697 1,647 3% 8
Slide 13: SMC Global Power Holdings Corp
SMC GLOBAL POWER HOLDINGS CORP FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 72,511 57,430 26% Income from Operations 18,384 17,043 8% Net Income 7,263 1,872 288% 9
Slide 14: Petron Corporation
PETRON CORPORATION FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales 254,807 273,498 -7% Income from Operations 9,787 15,562 -37% Net Income 2,620 9,502 -72% 10
Slide 15: SMC Infrastructure
SMC INFRASTRUCTURE FIRST SEMESTER 2019 IN MILLION PESOS 1H2019 1H2018 CHANGE Net Sales* 12,315 12,145 1% Income from Operations* 6,030 6,223 -3% *Manila North Harbor Ports results deconsolidated effective April 26, 2019 11
Slide 16: SMC Financial Position
SMC FINANCIAL POSITION As of June As of December IN BILLION PESOS 2019 2018 Total Assets 1,731 1,677 Cash 267 243 Interest –bearing Debt 798 802 Current Ratio 1.54x 1.37x Total Liabilities to Equity Ratio 2.08x 2.28x Interest-bearing Debt to Equity Ratio 1.42x 1.57x Net-Debt-to-EBITDA 3.00x 3.02x 12
Slide 17: Thank You
THANK YOU. VISIT OUR WEBSITES San Miguel Corporation - www.sanmiguel.com.ph San Miguel Brewery Inc. - www.sanmiguelbrewery.com.ph Ginebra San Miguel Inc. - www.ginebrasanmiguel.com San Miguel Food and Beverage, Inc. - www.smfb.com.ph Petron Corporation - www.petron.com SMC Global Power Holdings Corp