We aim to enhance the value of our established businesses, ever striving to achieve even greater efficiencies and operational excellence. We will strengthen our brands by improving product visibility and targeting areas where there is room for growth in market share.
In addition to organic growth, we continue to seek strategic acquisition and greenfield opportunities, positioning our businesses in a way to best contribute to our country’s economic growth and industrial development.
We will create an even broader distribution network for our products and expand our customer base by identifying synergies across our various businesses. In addition, we are pursuing plans to integrate our production and distribution facilities for both our established and newly acquired businesses to generate additional cost savings and efficiencies.
San Miguel intends to further enhance our market position in the Philippines by leveraging the company’s financial resources and experience to allow it to continue to introduce new products and services. Potential investments to develop or expand existing businesses include building additional service and micro-filling stations, constructing new power plants, and expanding our power generation and food portfolios. We believe our strong domestic market position provides an effective platform to develop markets for an expanding product availability and distribution. And we will continue to invest in and develop businesses that have the potential to gain leading positions in their respective markets and industries.
We will develop strategic partnerships with global industry leaders, including Kirin in the beverages business, Nihon Yamamura in our packaging business and Hormel in our food business. These partnerships provide technical knowledge, marketing and expansion opportunities.