SM Investments Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 14,731.08 million compared to PHP 9,571.81 million a year ago. Revenue was PHP 138,158.89 million compared to PHP 113,797.24 million a year ago.

Net income was PHP 17,303.67 million compared to PHP 12,999.01 million a year ago. Basic earnings per share from continuing operations was PHP 14.16 compared to PHP 10.79 a year ago. Diluted earnings per share from continuing operations was PHP 14.16 compared to PHP 10.79 a year ago.