Strong consumer spending helps SM Investments grow H1 profit to P42.6B

Strong consumer spending helps SM Investments grow H1 profit to P42.6B

MANILA, Philippines – SM Investments, the parent firm of the Sy family’s empire, booked a P42.6-billion profit in the first half of 2025 as its core businesses saw steady growth. In a briefing on Wednesday, August 6, SM Investments reported its first half net income grew 6% from the same period last year, while its consolidated revenues also climbed 6% to P301.4 billion. The Sy-owned firm’s total assets grew 2% to P1.7 trillion. Its retail segme…