Pasay City, Philippines,, August 14, 2025 / Prnewswire / – SM Investments Corporation (SM INVESTMENTS) displayed a consolidated net income of 42.6 billion PHP In the first half of 2025, an increase of 6% compared to 40.2 billion PHP in the same period of last year.
Consolidated income for the period from January to June increased by 6% to PHP319.2 billionfrom PHP301.4 billion in the first half of 2024.
“We continue to see regular growth in our main companies, supported by favorable macroeconomic conditions in The Philippines“Said Frederic C. Dybuncio, Chairman and CEO of SM Investments Corporation.” Bank loans remain strong and consumer spending in our shopping centers and retail stores continue to increase. “The Philippine economy was stable to a growth of 5.4% in the first quarter, while inflation has retired to its lowest level since 2019, creating a more favorable environment companies and consumers. Despite the uncertainties of global trade, the global feeling remains positive and we share this optimism for the rest of the year. “
The bank has represented 50% of the declared net profits, followed by ownership at 28%, retail at 15% and portfolio investments at 7%.
Retail
Retail net income has increased by 10% to 8.4 billion php Since 7.6 billion php in the same period of last year. Income increased by 8% to PHP211.8 billion Since PHP196.3 billion.
In the non -food retail, the revenues of the department store increased by 11%, marked by a change in the opening of the school in the second quarter.
Specialized retail income increased by 5%, fueled by stationery or back schools, fashion and beauty categories.
Food retail income increased by 8% to 127.1 billion PHP Due to the expansion of the store and the growth of the volume.
Banking
Bdo Unibank, Inc. said net profit increased to 40.6 billion PHPup 3% of PHP39.4 billion During the same period of last year, supported by solid performance of its main companies.
China Banking Corporation published PHP 13 billion In net profit, up 14% on the back of strong growth in the business. Net interest income increased by 15% to PHP34.9 billion On higher active yields and the volume of loans.
Property
SM Prime Holdings, Inc. (SM Prime) said that net profit in the first half increased by 11% PHP24.5 billionMotivated by higher rental income, real estate sales and auxiliary income.
Portfolio investments
In the first half, the performance of portfolio investments was motivated by the geothermal production company Philippine which contributed 35% of the total portfolio income, followed by NEO with 30% and 2GB with 16%.
Balance sheet
The total assets of SM investments PHP1.7 Billionsup 2%. The execution report remained conservative at 32% net debt to 68% equity.
About SM Investments Corporation
SM Investment Corporation is one of the main Philippine companies invested in cutting -edge companies in retail, banks and goods. He also invests in companies that capture high growth opportunities in the emerging Philippine economy.
SM retail operations are the largest and most diverse in the country, made up of grocery stores, department stores and specialized retail stores. The property arm of SM, SM Prime Holdings, Inc., is the largest real estate developer integrated into The Philippines With interest in shopping centers, residences, offices, hotels and congress centers as well as real estate developments linked to tourism. SM’s interests in the bank are in Bdo Unibank, Inc., the largest bank in the country, and China Banking Corporation, the fourth largest private national bank.
For more information, please visit www.sminvestments.com
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SME SM INVESTMENTS Corporation
