THE tollway unit of San Miguel Corp. (SMC) saw net income grew by 13 percent in the first nine months of 2024 due to higher vehicle traffic.
SMC Tollways Corp. posted a net income of P7.26 billion from January to September last year, up from P6.43 billion in the same period in 2023, as revenue climbed 5 percent to P15.67 billion from P14.97 billion.