SM Group netted P45B in 2019

By Tyrone Jasper C. Piad

Feb 29, 2020 1:03 am

LISTED SM Investment Corp.’s net income rose to P44.6 billion last year on the strong financial performance of its property and banking units.

In a disclosure on Friday, the Sy-led conglomerate said the amount was a 20-percent increase from the P37.1 billion posted in 2018.

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