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Apex Trader Funding (ATF) - News

SM consolidated net income up 10% in H1 to PHP40BN, Q2 growth at 13%

PASAY CITY, Philippines, Aug. 7, 2024 /PRNewswire/ -- SM Investments Corporation (SM Investments) reported a 10% increase in consolidated net income in the first half of 2024 to PHP40.2 billion, up from PHP36.5 billion in the same period last year. This reflected a 13% growth in net income in the second quarter, reaching PHP21.8 billion. Consolidated revenues rose by 5% in the first half to PHP 301.4 billion from PHP286.7 billion year-on-year. Second quarter revenues grew by 6% to PHP157.7 billion. ...