Friday, February 9, 2018

Ginebra San Miguel, Inc. (GSMI)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Ginebra San Miguel, Inc. (GSMI)
Sector
Industrial
Incorporation Date
Jul 10, 1987
Subsector
Food, Beverage & Tobacco
Number of employees
 (Group Total)
Board of Directors
Chairman: Eduardo M. Cojuangco, Jr., Vice chairman: Ramon S. Ang
Website / E-mail
http://www.ginebrasanmiguel.com / ginebrasanmiguel@smg.sanmiguel.com.ph
2. Stock Information
Total Assets
14,305,070,000
Market Capitalization
6,737,285,328.00
Total Liabilities
9,377,643,000
Outstanding Shares
280,720,222
Retained Earnings
4,975,778,000
Listed Shares
333,612,667
Listing Date
Apr 18, 1995
Issued Shares
336,467,632
Board Lot
100
Free Float Level (%)
20.56%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
SAN MIGIGUEL CORPORATION
PCD NOMINEE CORPORATION (FILIPINO)
78.26%
16.46%
4. Company Descriptions and Business Development
Notes
1. San Miguel Corp. (SMC) announced that it will consolidate all beer and other beverage businesses into San Miguel Pure Food (PF) including GSMI through share swap in late 2017.
2. Related companies: TFHI, SMC, GSMI and PF, PCOR
Overview
The Company is primarily engaged in the manufacture and sale of alcoholic and non-alcoholic beverages until it disposed its non-alcoholic beverage assets in favor of San Miguel Brewery Inc. in April 2015.  GSMI operates three liquor bottling facilities that are located in Cebu, Pangasinan, and Laguna. GSMI's flagship product is Ginebra San Miguel. GSMI has 98
dealers and ten sales offices as of December 31, 2016. GSMI uses third party services in the warehousing and delivery of its products. Ginebra San Miguel has been part of Filipino life for over 180 years.

Business
It recorded 18,572 million pesos of revenue and 361 million pesos of net income in 2016.

Subsidiaries / Associates / Affiliates / Joint Ventures
Distileria Bago, Inc. converts sugar cane molasses into alcohol.
Agricrops Industries, Inc. produces cassava starch milk.
Healthy Condiments, Inc. (HCI)
Thai San Miguel Liquor Co., Ltd. (TSML, 40%) is a distillery and bottling facility in Thailand.
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