SM Investments nets P60.9B

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SM Investments Corp., led by the billionaire Sy family, booked a 9-percent gain in earnings in the January to September period to P60.9 billion as falling interest rates buoyed its banking unit. In a stock exchange filing on Wednesday, SMIC said revenues reached P462.5 billion, up by 5 percent. READ: BIZ BUZZ: SM is conglomerate

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