SM Investments net income rises 9% to PHP60.9 billion in YTD Sept 2024
PASAY CITY, Philippines, Nov. 13, 2024 /PRNewswire / -- SM Investments Corporation (SM Investments) announced a consolidated net income ofPHP 60.9 billion for the first nine months of 2024, a 9% increase from PHP 55.9 billion in the same period last year. Consolidated revenues also grew by 5%, re...
TIME, Statista Name Three SM companies Among World's Best Companies
PASAY CITY, Philippines, Sept. 14, 2024 /PRNewswire/ -- TIME Magazine and Statista have recognized SM Investments Corporation, SM Prime Holdings, and China Banking Corporation as among the World's Best Companies for 2024. This accolade underscores the group's focus and exceptional performance in ...
International Business Awards Name SM Investments Conglomerate of the Year
PASAY CITY, Philippines, Aug. 21, 2024 /PRNewswire/ -- The International Business Awards (IBAs), one of the world's premier business awards programs, have conferred SM Investments Corporation (SM Investments) with distinguished accolades at the 21st Annual International Business Awards®. SM Inves...
SM consolidated net income up 10% in H1 to PHP40BN, Q2 growth at 13%
PASAY CITY, Philippines, Aug. 7, 2024 /PRNewswire/ -- SM Investments Corporation (SM Investments) reported a 10% increase in consolidated net income in the first half of 2024 toPHP40.2 billion, up from PHP36.5 billion in the same period last year. This reflected a 13% growth in net income in the ...
SM consolidated net income up 10% in H1 to PHP40BN, Q2 growth at 13%
PASAY CITY, Philippines, Aug. 7, 2024 /PRNewswire/ -- SM Investments Corporation (SM Investments) reported a 10% increase in consolidated net income in the first half of 2024 toPHP40.2 billion, up from PHP36.5 billion in the same period last year. This reflected a 13% growth in net income in the ...
SM Marks 30 Years of Real Estate Innovation and Growth
PASAY CITY, Philippines, July 24, 2024 /PRNewswire/ -- SM Prime Holdings, Inc., the property arm of the SM Group, commemorated its 30th anniversary as a publicly-listed company at the Philippine Stock Exchange, marking three decades of transformative growth in the Philippine real estate industry....
SM INVESTMENTS LISTS USD 500 MILLION DEBT NOTES ON SINGAPORE EXCHANGE
PASAY CITY, Philippines, July 18, 2024 /PRNewswire/ -- SM Investments Corporation (SM Investments) successfully priced aUSD 500 million drawdown from itsUSD 3 billion multi-issuer Euro Medium-Term Notes (EMTN) program established in May this year. The notes will be listed on the Singapore Exchang...
SM focuses on expansion to serve more regions
PASAY CITY, Philippines, April 26, 2024 /PRNewswire/ -- The SM group continues to expand its presence nationwide to serve more Filipinos and communities. "We will continue to invest in growth in the Philippines and we are committed to being a catalyst for responsible development. We have a youn...
Regional areas and key sectors, bright spots for SM's continued growth
PASAY CITY, Philippines, March 25, 2024 /PRNewswire/ -- The SM Group sees potential for regional development and targeted high growth sectors aligned with its commitment to foster sustainable economic advancement in communities outside of the city center. SM will continue to concentrate its ef...
SM Investments grows net income by 25% to PHP 77 billion in 2023
PASAY CITY, Philippines, March 5, 2024 /PRNewswire/ -- SM Investments Corporation (SMIC) reported its net income grew 25% toPHP77.0 billion in 2023 fromPHP61.7 billion in 2022. Consolidated revenues increased 11% to PHP616.3 billion from PHP553.0 billion last year. "SM's performance as a grou...
SM Group honored with 20 awards for Excellence in Communications
PASAY CITY, Philippines, Jan. 31, 2024 /PRNewswire/ -- The SM Group, led by SM Investments Corporation, with BDO Unibank, Inc., SM Foundation Inc., and SM Supermalls, won 20 awards for excellence in communications at the prestigious 20th Philippine Quill Awards. SM Foundation Inc., was also haile...
SM: Still plenty of room for growth in 2024
PASAY CITY, Philippines, Jan. 31, 2024 /PRNewswire/ -- SM Investments Corporation, one of the country's leading conglomerates, says there is still room for growth withthe Philippines consistently showing consumer growth. "Even during the height of the Asian crisis, household consumption in the ...
Forbes, Statista recognize SM as world's best employer
PASAY CITY, Philippines, Nov. 13, 2023 /PRNewswire/ -- SM Investments Corporation (SM Investments) was recognized for the fourth time, in the Forbes' World's Best Employers 2023 list in partnership with market research firm Statista. "Looking after the overall wellness of our employees is impe...
SM Investments net income rises 30% to PHP55.9 billion in YTD Sept on solid consumer confidence
PASAY CITY, Philippines, Nov. 8, 2023 /PRNewswire/ -- SM Investments Corporation (SM Investments) reported a consolidated net income ofPHP55.9 billion in the January to September period, higher by 30% from PHP42.9 billion in the same period last year. Consolidated revenues rose 15% to PHP440.4...
SM Store ramps up expansion of its Green Finds Program
PASAY CITY, the Philippines, Oct. 26, 2023 /PRNewswire/ -- SM Retail, a subsidiary of SM Investments Corporation andthe Philippines' biggest retailer, is seeing more Filipinos shifting their preference to sustainable products thanks to the SM Green Finds Program. SM Store's Green Finds advocac...
Philippine Daily Inquirer and Statista recognize 5 SM Companies for best customer service
PASAY CITY, Philippines, Oct. 26, 2023 /PRNewswire/ -- As SM celebrates its 65th year in business, one may reflect on the many life lessons ofHenry Sy Sr. This particular insight comes to mind, "It's important that I never lose touch with the pulse of my shoppers," he said, highlighting SM's dist...
Ten SM companies honored for excellence in Corporate Governance
PASAY CITY, Philippines, Oct. 26, 2023 /PRNewswire/ -- Ten companies from the SM Group were recognized for their excellence in corporate governance in the recently concluded Golden Arrow Awards by the Institute of Corporate Directors (ICD). China Banking Corporation (China Bank), the banking a...
SM Investments still the most organized in investor relations, strongest in adherence to corporate governance in Southeast Asia
PASAY CITY, Philippines, Sept. 11, 2023 /PRNewswire/ -- SM Investments Corporation (SM Investments), one ofthe Philippines' leading conglomerates, bagged the top spot in two categories in the recently concluded 13th Institutional Investor Corporate Awards by Alpha Southeast Asia magazine. The wi...
Green Living Starts Here: A Look at Practical Steps to Sustainability at Home
PASAY CITY, Philippines, Aug. 23, 2023 /PRNewswire/ -- Managing a household is a fulfilling yet tough, especially when aiming for a more sustainable way of life. Homemakers now understand the significance of living sustainably, not only for the environment but also for their family's health. L...
SM Investments net income grows 32% to PHP36.5bn in H1 on strong consumer confidence
PASAY CITY, Philippines, Aug. 9, 2023 /PRNewswire/ -- SM Investments Corporation (SM Investments) reported a consolidated net income ofPHP36.5 billion in the first six months, up 32% from PHP27.7 billion in the same period last year. Consolidated revenues rose 18% to PHP286.3 billion in the Ja...
