SM Investments grows net income by 25% to PHP 77 billion in 2023

PASAY CITY, Philippines, March 4, 2024 /PRNewswire/ — SM Investments Corporation (SMIC) reported its net income grew 25% to PHP77.0 billion in 2023 from PHP61.7 billion in 2022. Consolidated revenues increased 11% to PHP616.3 billion from PHP553.0 billion last year. “SM’s performance as…