SMIC 2021 income surges 65% on spending rebound

SM Investments Corp. (SMIC), the holding firm of the Sy family, on Monday said its income rose 65 percent last year to P38.5 billion from the previous P23.4 billion, mainly as a result of its strong performance in the fourth quarter of 2021. Consolidated revenues grew 9 percent to P428.1…

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