San Miguel profits P8.5B in Q1

DIVERSIFIED conglomerate San Miguel Corp. (SMC) said on Friday that its net income rose by 19 percent to P8.5 billion during the first quarter of this year compared to the same period of last year.
SMC said its robust first quarter earnings were due to the solid contributions from all its business units.
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“San Miguel reported first quarter consolidated sales revenues of P142.0 billion, a 12 percent improvement from year-ago level, with majority of its businesses posting strong revenue growth as a result of higher volumes and better selling prices,” it said.
SMC also said its overseas volumes also improved, growing by nine percent, with Indonesia, Hong Kong, and Thailand posting good numbers and China showing much improvement.
“Operating income grew five percent to P5.3 billion with improvements in efficiency, management of fixed costs, and significant improvements in international operations,” it said.
San Miguel Brewery Inc.’s consolidated revenues reached P18.3 billion, up five percent from the previous year.
San Miguel’s Food Group, under San Miguel Pure Foods Company Inc., posted first quarter consolidated revenues of P22.4 billion, nine percent higher than in the same period last year.
The San Miguel Packaging Group, for its part, posted a three percent improvement in revenue at P5.9 billion, pushed by higher domestic sales and solid performance from its export business.
Operating income for San Miguel Yamamura Packaging improved 11 percent to P511 million, as a result of efficiency initiatives, fixed cost management and lower raw material prices.
Petron Corporation, for its part, reported a four percent growth in its sales volume, with more than 12 million barrels sold in the first quarter.
The company reported that it is consolidating its infrastructure business with the fast-tracking of the upgrading of the Boracay Airport, ongoing construction of the Tarlac-Pangasinan-La Union Expressway (TPLEX) and initiation of the MRT-7 project. Among its recent acquisitions are stakes in the firm operating the South Luzon Expressway and Skyway system.
Recently, SMC announced its entry into Philippine Airlines and Air Philippines via a 49 percent equity interest in the holding companies of both airlines.
Its oil refining and fuel flagship, Petron, has also completed the acquisition of 65 percent of Esso Malaysia Berhad and 100 percent of ExxonMobil Malaysia Sdn Bhd and Exxon Mobil Borneo Sdn Bhd.
http://www.sunstar.com.ph/manila/local-news/2012/05/11/san-miguel-profits-p85b-q1-220990

Camping is one of the popular outdoor activities that take place in Clearwater Resort which is generally regarded as one of the best hotels in Clark Philippines. Here in this popular resort in Pampanga there is a safe and clean campsite that comes also with a private campfire ground for a complete camping experience outside of Manila. Guests and families camping at this private resort in Pampanga often enjoy outdoor facilities by the lake, the beach and picnic grounds also. Clearwater Resort is considered by schools, event organizers and social groups as one of the best campsites in the Philippines.
Philippines wedding planners and wedding reception caterers recommend Clark Philippines as this year’s premier destination for beach weddings and garden receptions. Wedding couples in Philippines no longer prefer traditional indoor venues and hotel ballrooms for wedding receptions in Manila, Angeles City, Subic and Clark Freeport.

Selecting a good and safe event venue in Philippines for team building and company outings is not that easy. Many public event venues in resort hotels in Philippines can’t deliver assurances of safety and security for a good team building event outside Manila. This exposes corporate and private events to risks that are not acceptable to event organizers in Philippines.

Visitors coming from Manila will be looking for beautiful places to relax and unwind because that is something that people living in the city hope to do when they get out of town. Clark is one of the popular holiday destinations because it offers that peaceful ambience for visitors to enjoy a day without stress. Of the good places to visit in Clark, Clearwater Resort is most frequently visited and highly recommended by travel guides as the best resort in Pampanga. This hotel in Clark is well regarded for its vast outdoor picnic grounds as well as the lake and swim spots that are in the largest resort. Situated in the central business of Clark, this holiday hotel is conveniently located within walking distance to shopping malls also.

One of the favorite things to do for tourists staying in Clark Philippines is to engage in leisure outdoor activities in a good resort in Pampanga. These safe, clean and secure outdoor facilities of this resort in Clark are what bring visitors from Manila and tourists from crowded Asian cities to the best resort in Clark Pampanga. Clearwater Resort is one of the more frequently visited deluxe hotels near Angeles City, Subic and Clark Philippines.

Best resort in Pampanga offers more than hotel accommodation near Angeles City, Subic and Clark Philippines, but good outdoor facilities for kids to enjoy when family travelers go out of town from Manila on getaway to the north to visit Subic and Clark Freeport. Event organizers regularly hold team building and company outings in the event venue of this resort in Pampanga.

Garden style wedding reception can take place within a few meters from the beach of this hotel in Clark Philippines so guests and observe the ceremony at the comfort of their seats on the table.

Clearwater is a highly recommended and most frequently visited private resort in Pampanga. This Clark hotel is a famous private resort outside Manila for corporate planning because of its exclusivity.

It is important to visitor that the family feels safe in a hotel in Angeles Philippines. That is a main reasons that we choose to stay in this hotel in Clark Pampanga outside of Manila Philippines. Many don’t like the hotels in Subic or some of the hotel in Angeles City Pampanga. This highly recommended hotel in Angeles city Clark Philippines does not make them comfortable and secure.

For inquiries and bookings, Please click here to contact Clearwater Resort for inquiries and reservations now

Clearwater Resort and Country Club, Clark Pampanga
Creekside Road near Centennial Expo,
Clark Freeport, Pampanga Philippines 2023
(045) 889-5151 0917-520-4403 0922-870-5177
Joanne or Jeremy or Loydha

Getting to this lake and beach resort in Pampanga Angeles City Clark Philippines

After entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway MA Roxas, passing the stand-along wine shop called Clark Wine Center on the right, continue to bear right making no turns at all, go past Mimosa Leisure Estate on the opposite side of the road, one will hit a major intersection. Go straight and the road becomes Creekside Road. YATS Clearwater Resort and Country Club is on the right just 200m down.

Family Bonding by the famous lake of Clark Pampanga

http://www.ClearwaterPhilippines.com

Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay

Email: Inquiry@ClearwaterPhilippines.com

Please click here to contact Clearwater Resort to reserve a venue for your upcoming event now

Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:

http://www.PhilippinesWeddingVenue.com

While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com

While in Clark, one might as well add to the itinerary a visit to the famous Clark Wine Center, the largest wine shop in Philippines which offers over 2000 selections of fine vintage wine from all wine regions, vintages spanning over 50 years covering all price ranges.
http://www.ClarkWineCenter.com

Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:

http://www.LondonPubClark.com

http://www.HotelClarkPhilippines.com

http://www.ClarkPhilippines.com

http://www.YatsWineCellars.com

For jobs and business investment opportunities in the Philippines please visit http://www.yilp.com

Hot Line for what’s happening in Clark: 045 889-5151 or 0927-940-2669 ask for Loydha

0915-542-6250 (Jeramie)