SY family-led SM Investments Corp. (SMIC) posted a consolidated net income of P20.1 billion in the first quarter (Q1) of 2025, up 9 percent from P18.4 billion in the same period last year.
“Consumer confidence remains good, and our businesses are well-positioned to serve in all categories,” SM Investments President and CEO Frederic DyBuncio said, noting that the 1.4-percent inflation print in April would further boost sentiment.
