Our Company
San Miguel Corporation, together with its subsidiaries, is one of the largest and most diversified conglomerates in the Philippines by revenues and total assets—with 2025 sales equivalent to about 5.3% of Philippine GDP.
Originally founded in 1890 as a single product brewery in the Philippines, SMC today owns market-leading businesses and investments in various sectors, including food and beverage, packaging, energy, fuel and oil, infrastructure, cement, property, car distributorship and banking services. SMC has a portfolio of companies that is tightly interwoven into the economic fabric of the Philippines, benefiting from, as well as contributing to the development and economic progress of the country.
Since adopting its business diversification program in 2008, SMC has channeled its resources into what it believes are attractive growth sectors, which are aligned with the development and growth of the Philippine economy. SMC believes that continuing this strategy and pursuing growth plans within each business will achieve a more diverse mix of sales and operating income, and better position SMC to access capital, present different growth opportunities and mitigate the impact of downturns and business cycles.
SMC is one of the nation’s largest employers, with over 55,000 direct employees (as of March 31, 2026). For each job created within the San Miguel ecosystem, many additional jobs are generated through suppliers, distributors, retailers, and other business partners. At present, we have more than 100 major facilities across Asia Pacific.
Through strategic partnerships forged with major international companies, we have access to managerial expertise, international practices and advanced technology. Our partners, notably Kirin Brewery Co., Ltd., Nihon Yamamura Glass, U.S.-based Hormel Foods Corporation, and Korea Water Resources Corporation, are world leaders in their respective businesses.
SMC is listed on the Philippine Stock Exchange (PSE Ticker: SMC). Publicly-listed subsidiaries include
Food and Beverages
San Miguel Food and Beverage, Inc. (SMFB) is the Philippines’ leading food and beverage company in the Philippines, combining the strength of San Miguel Brewery Inc., Ginebra San Miguel Inc, and San Miguel Foods. It has among the most recognizable and top-of-mind brands in the industry and holds market leading positions in their respective categories.
Key brands under the SMFB portfolio include San Miguel Pale Pilsen, San Mig Light and Red Horse for beer, Ginebra San Miguel for gin, Magnolia for chicken, ice cream and dairy products, Monterey for fresh and marinated meats, Purefoods Tender Juicy for hotdogs, Purefoods for refrigerated prepared and processed meats, canned meats and seafood lines, Veega for plant-based protein food products, Star and Dari Crème for margarine and B-Meg for animal feeds.
Packaging
The Packaging Group is comprised of SMYCP, and SMYPIL and their respective subsidiaries, both are joint venture companies between SMC and NYG, one of the largest glass and plastic packaging corporations in Japan; SYFMC, the only manufacturer of glass and plastics molds in the country, CAI, a pioneer in the production of two-piece aluminum cans, Mincorr, a paper corrugated carton manufacturer and Wine Brothers Philippines Corp., involved in the sale and distribution of wine products.
The Packaging Group has one of the largest packaging operations in the Philippines with diversified businesses producing glass, molds, metal and plastic closures, aluminum cans, plastic bottles, pallets and crates, flexibles, paper, and other packaging products. The group also provides services such as beverage filling in aluminum cans, PET and glass bottles, pallet leasing and logistics services. It also supplies packaging products to customers in the Asia-Pacific region, U.S., and Australasia, as well as to major multinational corporations across the Philippines.
Fuel and Oil
Petron Corporation, is the Philippines’ only integrated oil refiner and market leader, supplying more than a third of the country’s oil requirements through a network of nearly 2,000 service stations. It is also a strong third player in the Malaysian market.
Petron participates in the reseller (service station), industrial, lube, and liquefied petroleum gas sectors. In addition, the Company’s service station provides a one-stop service experience to travelers on the road, offering amenities such as Treats convenience stores, restaurants, and specialty shops.
Power
The Energy business, which is conducted through San Miguel Global Power Holdings Corp. (formerly SMC Global Power Holdings Corp.), together with its subsidiaries, associates and joint ventures, is one of the country’s largest, supplies 19% of the national grid. It utilizes traditional and renewable sources, complemented by battery energy storage systems facilities nationwide.
Based on the total installed generating capacities in the Energy Regulatory Commission Resolution on Grid Market share Limitation, SMGP believes that its combined installed capacity comprises approximately 20% of the National Grid, 25% of the Luzon Grid, 4% of the Visayas Grid, and 8% of the Mindanao Grid, in each case, as of March 31, 2024.
Infrastructure
SMC Infrastructure operates the nation’s most extensive toll road network, including the Tarlac-Pangasinan-La Union Expressway (TPLEX), the Southern Tagalog Arterial Road (STAR), South Luzon Expressway (SLEX), the Skyway System, and the NAIA Expressway (NAIAX). It is also building the game-changing Manila International Airport in Bulacan.
Its current operating toll roads include the South Luzon Expressway (“SLEX”), SLEX Elevated Extension, Skyway Stages 1, 2 and 3, the Southern Tagalog Arterial Road (“STAR”), Tarlac- Pangasinan-La Union Toll Expressway (“TPLEX”) and NAIA Expressway (“NAIAX”). Ongoing projects include Skyway Stage 4, the extension of SLEX - Toll Road 4 (“SLEX TR4"), SLEX - Toll Road 5 (“SLEX TR5”), Pasig River Expressway (“PAREX”), Southern Access Link Expressway (“SALEX”), Northern Access Link Expressway (“NALEX”), Metro Rail Transit Line 7 (“MRT-7”), and Manila International Airport (“MIA”). It also operates and is currently expanding the Boracay Airport and has investments in Manila North Harbour Port Inc. (MNHPI) and Luzon Clean Water Development Corporation (“LCWDC”) for the Bulacan Bulk Water Supply Project.
Cement
The cement business is conducted under SMEII, which owns 100% of the issued and outstanding common stock of Northern Cement Corporation (NCC) and Southern Concrete Industries Inc. [formerly, Oro Cemento Industries Corporation] (SCII) and 99.96% of newly acquired Eagle Cement Corporation (Eagle) as of end December 2023. As of December 31, 2023, SMC owns 100% of SMEII.
It is a strong player in the cement industry with an established reputation and with long experience in cement production and domestic sales. It has a leading and contemporary cement plants with new integrated production line showcasing sustainable, environment-friendly, world-class and state-of-the art equipment capable of producing high quality cement products with comprehensive strength above and beyond the prescribed specifications.