SM Investments Corporation (SM Investments), the Sy family’s flagship and one of the leading conglomerates in the Philippines, won a Stevie at the 20th Annual International Business Awards. In a statement, the firm said it bagged the Stevie Award as Bronze Winner for the Best Annual Report –...
SM Investments Corporation (SM Investments), the flagship of the Sy family, reported a 32 percent growth in its consolidated net income to P36.5 billion in the first half of 2023 from P27.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
SM Investments Corp. is looking forward to continue working with communities, particularly through micro, small and medium enterprises (MSMEs), to sustain and support growth and recovery. As SM pursues expansion and growth, the firm said it contributes to increasing economic activity and growing...
SM Investments Corporation (SMIC) is acquiring 81 percent of Allfirst Equity Holdings Inc. (Allfirst), to gain full ownership of Philippine Geothermal Production Company, Inc. (PGPC), for P15.73 billion. In a disclosure to the Philippine Stock Exchange, SMIC said its Board of Directors has approved...
SM Investments Corporation, the flagship of the Sy family, reported a 79 percent jump in consolidated net income to P27.2 billion in the first three quarters of 2021 from the P15.2 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
SM Investment Corporation reported that its broad vaccination efforts have intensified in solid support of national recovery. In a statement, the conglomerate said the health and safety of its workforce remain paramount with about 94 percent of eligible SM employees vaccinated to date and growing....
SM Investments Corporation (SMIC) reported a 183 percent jump in consolidated net income to P20.1 billion in the first half of 2021 from the P7.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose 4 percent to...
SM Investments Corporation, a giant conglomerate whose businesses cater mostly to consumers, is focusing on the country’s recover from the pandemic by supporting moves to get people vaccinated against COVID-19. During the firm’s annual stockholders’ meeting, SMIC President and CEO...
SM Investments Corporation (SMIC) has joined a business group of dedicated global sustainability champions through the 50 Sustainability & Climate Leaders campaign with a focus on responding to climate change. This makes SMIC the only Filipino company to join the campaign among countries like...
SM Investments Corporation (SMIC) registered a net income of P23.4 billion last year, 48 percent lower than the P44.6 billion earned in 2019. Due to the impact of the COVID-19 pandemic, The firm’s consolidated revenues declined to P394.2 billion in 2020 from P502.0 billion in the year before....
SM Investments Corporation (SMIC) reported a 54 percent drop in consolidated net income to P15.2 billion in the first nine months of 2020 from the P33.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues for the...
