The Philippine food and drinks conglomerate San Miguel has seen its net income rise 32% to 2.42 billion pesos (US$43.3m) in the first four months of the year, compared to the same period last year.

Net sales reached 53.5 billion pesos, a jump of 18%, lifted by strong domestic and international beer sales.

Domestic beer volumes rose 23%, while beer revenues for the period jumped 26% to 12.6 billion pesos.

The volume of international beer sales grew 15%.