Philippines: San Miguel registers 13 % rise in sales volume
San Miguel communicated that its beer sales outside the Philippines increased by 9 % year-on-year to USD 181.7 million in the eight months to the end of August, a 13-% rise in sales volume, according to the Xinhua Financial News agency as of 24 October 2004.
San Miguel said in a statement "Robust sales in Indonesia and Australia continued to support the international beer's positive performance" Its Indonesian subsidiary PT Delta Djakarta Tbk posted a 31-% rise in sales revenue to 347.5 billion rupiah in the January-August period as volumes sold rose 24 % from the same period last year.
J. Boag and Son Ltd, its wholly-owned subsidiary in Australia, posted a 13-% rise in revenue to 61.2 million Australian dollars on the back of a 16-% rise in sales volume. Sales in China rose 13 % in volume terms, although no financial details were provided.
E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .