SM Investments Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was PHP 14,844.73 million compared to PHP 12,340.3 million a year ago. Revenue was PHP 148,176.67 million compared to PHP 128,781.04 million a year ago. Net income was PHP 19,229.38 million compared to PHP 14,715.44 million a year ago. Basic earnings per share from continuing operations was PHP 15.74 compared to PHP 12.22 a year ago. Diluted earnings per share from continuing operations was PHP 15.74 compared to PHP 12.22 a year ago.
For the six months, sales was PHP 29,575.81 million compared to PHP 21,912.11 million a year ago. Revenue was PHP 286,335.56 million compared to PHP 242,578.28 million a year ago. Net income was PHP 36,533.05 million compared to PHP 27,714.45 million a year ago. Basic earnings per share from continuing operations was PHP 29.9 compared to PHP 23.01 a year ago. Diluted earnings per share from continuing operations was PHP 29.9 compared to PHP 23.01 a year ago.