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4-Traders Homepage  >  Equities  >  PHILIPPINE STOCK EXCHANGE, INC.  >  SM Investments Corporation    SM   PHY806761029

SM INVESTMENTS CORPORATION (SM)
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SM Investments Corporation : SM Group's Relief Operations in Hard-hit Visayas

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11/15/2013 | 10:10am CET


SM Group's Relief Operations in Hard-hit Visayas
Friday, November 15, 2013
Source: SMIC Investor Relations

The SM Group of Companies, through the SM Foundation's disaster relief program, Operation Tulong Express, is continuously mobilizing its resources to extend relief efforts to the victims of Super Typhoon Yolanda in hard-hit Visayas region. 

The Foundation is currently distributing kalingarelief packages --20,000 for Tacloban,5,000 for Samar, 7,000 for Panay Island (Aklan, Antique, Capiz, Iloilo), 10,000 for Cebu, 4,000 for Bohol and 1,000 for Bacolod. The relief packs consist of bottles of mineral water, rice, ready-to-eat ulam packs, and instant noodles.

The volunteers for Ormoc brought with them a mobile clinic to be able to provide medical assistance and medicines to those who need it most. Medicines are also being provided to the victims in Tacloban.  

Meanwhile, shoppers at SM outlets can purchase food packs at P100 each at selected SM Supermarkets and donate these for typhoon Yolanda victims through SM Foundation and in coordination with the  Department of Social Welfare and Development (DSWD).

SM Foundation also accepts donations in kind through Tulong Express booths at all SM Malls nationwide or in cash deposited at BDO account name: SM Foundation Inc.-Operation Tulong Express with savings account number: 15000 70694. The Foundation will issue receipt of donations for deposit slips faxed to 831-8282.

The SM Group has set up a P100-million calamity fund for all areas affected by typhoon Yolanda and the recent 7.2-magnitude earthquake.  The fund will focus on rebuilding homes, community centers, schools, and churches, aside from providing immediate relief food packs and supplies.

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Sales 2017 381 B
EBIT 2017 63 427 M
Net income 2017 34 017 M
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Spread / Average Target -2,3%
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