Most of the money went to suppliers and government taxes, showing how the conglomerate’s revenues circulated beyond its own operations.
“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. 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,” SMC chair and CEO Ramon S. Ang said in the report.
Where the money flowed
SMC also reported P79.6 billion in core net income, providing resources for future investments.
Industrial footprint
The report said SMC operates 5,710 megawatts of power capacity, 225 kilometers of expressways, a refinery capable of processing 180,000 barrels of fuel a day and cement plants with annual capacity of 17.5 million metric tons.
Environment
SMC said it has planted 8.14 million trees, saved 58 billion liters of water since 2017 and removed 8.95 million tons of silt and waste from rivers through its Better Rivers PH program.
People and governance
Its workforce grew to 59,117 employees in 2025, with about 64 percent based outside Metro Manila, while volunteer programs reached more than 200,000 people during the year.
The company also said it completed climate risk assessments across major assets, screened nearly 200 suppliers for ESG performance, earned 282 international certifications and recorded zero data breaches in 2025.
—Edited by Miguel R. Camus