May 7 (Reuters) - San Miguel Corp SMC.PS :
* Q1 CONSOL OPERATING INCOME 32.2 BILLION PESOS, UP 175%
* Q1 NET INCOME 17.2 BILLION PESOS VERSUS 1.1 BILLION PESOS
* Q1 CONSOL REVENUE 201.2 BILLION PESOS, DOWN 6%
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