SMIC income hits P18.4B in Q1, banking business dominates

SM Investments Corp. (SMIC) said it saw a 6% increase in its consolidated net income for the first quarter (Q1), reaching P18.4 billion from P17.3 billion last year, driven by higher revenues across its businesses. Consolidated revenues climbed by 4% to P144 billion compared with P138.3 billion last year, SMIC said in a statement on […]

SMIC income hits P18.4B in Q1, banking business dominates
SM Investments Corp. (SMIC) said it saw a 6% increase in its consolidated net income for the first quarter (Q1), reaching P18.4 billion from P17.3 billion last year, driven by higher revenues across its businesses. Consolidated revenues climbed by 4% to P144 billion compared with P138.3 billion last year, SMIC said in a statement on […]