SM Investments said in a disclosure to the stock exchange consolidated revenues climbed eight percent to P272.2 billion during the period from P252.7 billion a year ago. We remain confident that our growth plans are on track,” SM Investments president Frederic DyBuncio said. Retail operations under SM Retail Inc. posted a 10-percent increase in nine-month net income to P7.7 billion, while total sales hit P197.9 billion, up six percent on year. Total assets of SM Investments grew 16 percent year-on-year to P942.4 billion at the end of September. Share price of SM Investments on Wednesday closed lost 0.3 percent to P972.50.

Source: The Standard November 08, 2017 14:48 UTC