Financial Statements Analysis Of Smfi

COMPANY BACKGROUND HISTORY San Miguel Foods, Inc. (SMFI) is a subsidiary of San Miguel gross(a) Foods Company, Inc. (SMPFC), the fare portion of afford and beverage giant San Miguel breadbasket (SMC). SMFI operates the structured fowl personal credit line and commercial message Feeds business of San Miguel. San Miguel Foods Inc. had its beginnings in 1953 when the first B-Meg melt mill in Balintawak began converting by-products of beer production from the Polo Brewery into animal feeds. In 1972, the companys compound poultry trading operations started with its first breeder farm in Cavite. The first wimp impact plant which produced the trade place Magnolia Fresh yellowed was set up in Muntinlupa in 1973. These initial forays were followed in the 1970s and 80s by devil much(prenominal) feed mills, 3 more breeder farms, hatcheries and another affect plant. In 1991, San Miguel Feeds and Livestock divider spun off from SMC and became San Mig uel Foods, Inc., managing both the feeds and ancestry businesses. San Miguels acquisition of small Foods in 2001 brought together two food industry leaders, ushering in a new era of reaping and market leadership for the integrated businesses. For poultry, the desegregation brought together the strengths of two major brands - Magnolia Fresh Chicken and Purefoods Supermanok.

For feeds, the integration harnessed the B-Meg and Pureblend brands. record OF BUSINESS San Miguel Foods, Inc. (SMFI) is a subsidiary of San Miguel Pure Foods Company, Inc. (SMPFC), which is a subsidiary of the food and beverage giant San Miguel grass (SMC). SMFI! operates the integrated Poultry business and commercial Feeds business of San Miguel. Today, SMFI is the countrys lead producer and marketer of mark poultry products. The companys fully integrated operations cover a nationwide network of feed mills, breeding and growing farms, hatcheries, processing plants and distributors. Combined with its management and proficient expertise, these allow...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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