Business > Corporate News
Banking propels SMIC 9-mo income to P60.9B

SY family-led conglomerate SM Investments Corp. (SMIC) saw its consolidated net income for the first nine months of 2024 grow 9 percent to P60.9 billion from P55.9 billion a year ago.

'We continued to see good growth across our businesses in the third quarter, particularly in banking,' SM President and Chief Executive Officer Frederic DyBuncio said on Wednesday.

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