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SM Investments Corp. reports a 9% rise in net income and 5% increase in revenues for the first nine months of 2024.
SM Investments Corp. reported a 9% increase in net income to PHP60.9 billion and a 5% rise in revenues to PHP462.5 billion for the first nine months of 2024.
Banking led with 50% of total net income, followed by property at 27%, retail at 15%, and portfolio investments at 8%.
The company also saw a 4% growth in total assets to PHP1.7 trillion.
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SM Investments Corp. reporta un aumento del 9% en la renta neta y del 5% en los ingresos durante los primeros nueve meses de 2024.