SM Investments Explains How It Made PHP21.5 Billion in First Quarter of 2026, Up 7% from Last Year
SM Investments Corporation (SM) – the big parent company that owns many SM businesses – announced on April 29, 2026 that it earned PHP21.5 billion
SM Investments Corporation is one of the largest conglomerates in the Philippines, garnering numerous awards and accolades for its excellence in retail, banking, and property development. In the late 1950s, founder Henry Sy started his first company, ShoeMart, a small shoe store in Downtown Manila. Fueled with passion to serve customers, he found different ways to provide excellent customer experience, anticipating their needs and innovating retail so that every Filipino could enjoy the SM experience.
Today, SM has become the country’s largest conglomerate, touching the lives of millions of Filipinos and creating shared value for all it serves. SM’s retail operations are the country’s largest and most diversified with food, non-food, and specialty retail stores. SM Prime Holdings, Inc. is the largest integrated property developer in the Philippines with interests in malls, residences, offices, hotels, and convention centers. SM’s banking interests include BDO Unibank, Inc., the country’s largest bank, and China Banking Corporation.
Led by SM Prime, the company’s goal is to reach 100 malls in the Philippines by the end of 2027, while also expanding its portfolio of residences and hotels to meet evolving customer needs. SM’s investment portfolio aims to grow its share in the group’s earnings by investing more in logistics and renewable energy sectors while exploring high-growth opportunities in sectors that align with its ecosystem of businesses.
The company continues to evolve to meet new customer expectations across its businesses, nurturing continuous improvement and innovation. SM strives to make its businesses a great place to work by providing opportunities for career growth, meaningful work experiences, and a safe and healthy working environment, while espousing dignity of labor, equal opportunity, gender equality and diversity.
SM takes part in creating a more equitable society and protecting the planet, remaining mindful of the impact its businesses have on the environment while constantly finding solutions that have immediate and long-term benefits in mitigating climate issues. Through its diversified business portfolio and commitment to sustainable growth, SM Investments continues to shape the Philippine economy and improve the lives of millions of Filipinos.
SM Investments Corporation (SM) – the big parent company that owns many SM businesses – announced on April 29, 2026 that it earned PHP21.5 billion
SM Investments Corporation (SM), the parent company that owns many SM businesses in the Philippines, announced on April 29, 2026, that it will give more
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