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SM Investments earnings fall 69% on pandemic impact

SM INVESTMENTS CORP. (SMIC) posted a 69% profit drop in the first six months of the year as the coronavirus-related lockdown took a heavier toll on its businesses in the second quarter.

SM Investments plans P30-billion bond program

SM INVESTMENTS CORP. (SMIC) is applying for a debt securities program with an aggregate amount of P30 billion with the Securities and Exchange Commission (SEC).

SM Investments income up 20% as businesses post strong growth

SM INVESTMENTS Corp. posted a 20% rise in net income last year to P44.6 billion as its business segments performed strongly to boost revenues, the Sy-led company told the stock exchange on Friday.

SM Investments nets P23 billion in 1st 6 months

SM INVESTMENTS Corp. (SMIC) delivered a 27% increase in earnings for the first half of 2019, on the back of its banking unit’s strong performance and higher sales from the residential business.

SM Investments included in FTSE4Good Index

SM INVESTMENTS Corp. (SMIC) has been included in the FTSE4Good Index Series, an index managed by the London Stock Exchange unit FTSE Russell, after it was recognized for its “strong” environmental, social, and governance (ESG) practices.

SM Investments nets P10.7B in 3 months

SM Investments Corp. (SMIC) delivered a 26% profit increase in the first quarter of 2019, boosted the double-digit topline growth of its property, banking, and retail units.

SM Investments nets P26B in 9 months

THE holding firm of country’s richest man Henry Sy, Sr. expanded its earnings by 10% in the first nine months of 2018, as its property, banking, and retail units continued to deliver strong results.

OUTLIER: SM Investments Corp.

DOMESTIC inflation concerns at home coupled with perceived weakness on emerging markets, in general, caused market players to unload some of their shares in Sy-led SM Investments Corp., making it one of the most traded stocks last week.

SM Investments earnings up in H1

SM Investments Corp. (SM) reported a nine percent increase in earnings during the first six months of 2018, boosted by the double digit growth...

SM Investments ramping up capital spending

By Krista A. M. Montealegre, National Correspondent SM INVESTMENTS Corp., the holding firm of the country’s richest man Henry Sy, Sr., is hiking its capital...