SM in Focus SPECIAL REPORT:
SM Investments Corporation (SM Investments) reported consolidated net income of PHP82.6 billion in 2024, a 7% increase from PHP77.0 billion in 2023.
Consolidated revenues also grew by 6%, reaching PHP654.8 billion, up from PHP616.3 billion in the previous year.
Of total net income, banking contributed the largest share at 49%, followed by property at 26%, retail at 18%, and portfolio investments at 7%.
Read more about it here: www.sminvestments.com/
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SM in Focus