4 weeks SMBI sees sustainable recovery MB |Biz
By James A. Loyola San Miguel Brewery Inc. (SMBI), a subsidiary of diversified conglomerate San Miguel Corporation, is optimistic of a sustainable recovery from a slow first quarter, brought on by the impact of the Covid-19 global pandemic. San Miguel Brewery, Inc. (SMBI) logo (Photo courtesy of ww.sanmiguelbrewery.com.ph) During the firm’s virtual annual stockholders’ meeting, SMBI said the implementation of the Enhanced Community Quarantine (ECQ) in March slowed the firm’s momentum in the first quarter of 2020. The lockdown brought most economic activities to a halt and also brought on liquor bans in cities and provinces nationwide. There was also ... more