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.
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