SM investments’ Q1 earnings up 6% to P18.4B

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7 months ago

MANILA, Philippines — Sy family-led SM Investments Corp. (SMIC), the country’s largest conglomerate, booked a 6-percent growth in first-quarter earnings to P18.4 billion on the strong performance of its banking units. In a stock exchange filing on Wednesday, SMIC said revenues from January to March this year rose by 4 percent to P144 billion. “We

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