San Miguel has said revenue increased 9% in its first half thanks to a strong performance from the group's international beer division.

Revenues rose to PHP79.8bn (US$1.8bn)  for the six months ended 30 June, while net income tripled to PHP19.7bn, partly thanks to gains from discontinued operations, Philippines-based San Miguel said today (12 August).

The group's international beer division provided the success story for half, only growing volumes by 4% but increasing revenues by 30% to US$136m, it said. Revenues at San Miguel brewery rose 9% for the half to PHP23.8bn.

Ramon Ang, San Miguel president and chief operating officer, said: "Faced with challenging economic conditions affecting consumer spending behaviour and escalating input costs, we're particularly encouraged by these results. Growth was achieved across almost all of our reporting segments in the first six months of 2008."

Revenues at Ginebra San Miguel, the firm's spirits division, grew 17%, with volumes up 16%, driven by growth from gin and brandy.