San Miguel Corp has seen a hefty rise in its nine-month revenues as the business benefited from a number of strong performances from its subsidiaries, including the newly-acquired Australian businesses National Foods and juice maker Berri.

The Philippine food and drink group saw revenue for the period grow 32% on year to PHP161bn, while operating income rose 9% on year to PHP12.2bn.

Domestic and international beer sales both saw good growth, with local sales up 11% on the same period a year ago to PHP29.1bn. International beer sales rose 8.7% to US$208.4m, the company said.

Meanwhile, the recently-acquired Australian units National Foods and Berri Ltd had added PHP15.9bn to the group's nine-month revenue since their consolidation in June.

Contributions from the company's spirits operation Ginebra San Miguel and Coca-Cola Beverage Group were less positive. Ginebra San Miguel reported a considerable fall in nine-month net profits yesterday and Coca-Cola Beverage Group's contribution to San Miguel's sales in the period fell 7% from the same period last year.

"A significant recovery is expected for the Coca-Cola Beverage Group, as programs have been put in place to achieve continuous business process improvement and cost reduction, along with the implementation of trade and consumer marketing programs and new product launches," San Miguel said.