PHILIPPINES: SM Investments Corporation announces an 8% growth in net income to PHP31.2 billion in 2016

Pasay City, Philippines, 2017-Mar-02 — /EPR Retail News/ — SM Investments Corporation (SM) reported an 8% growth in net income to PHP31.2 billion in 2016. Property accounted for 39% of total earnings, with banks comprising 37% and retail 24%. “Our core businesses performed well and continue to grow in line with the country’s strong economic development. […]