SAN MIGUEL Pure Foods Co. Inc. over the weekend said net earnings for the first quarter of the year surged by more than a third as a result of better product mix, improved efficiencies, and cheaper raw materials.

In a disclosure to the Philippine Stock Exchange, the food group of conglomerate San Miguel Corp. said net profit for the first three months of the year grew by 34 percent to P1.2 billion versus P895.52 million a year earlier.

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