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SM Investments H1 earnings up 10% to P40.2B

By Inquirer - 4 months ago
MANILA, Philippines — SM Investments Corp. (SMIC), the country’s largest company in terms of market capitalization, booked a 10-percent increase in earnings in the first semester to P40.2 billion, buoyed by its property and banking units. The Sy family-led conglomerate on Wednesday said revenues inched up by 5 percent to P301.4 billion. “SM’s double-digit growth

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