09 March 2017
SM Investments Corporation, Philippines’ leading conglomerate, has registered a 9% growth in consolidated revenues in FY2016. Its retail arm SM Retail has also grown by 8% in revenue to PHP 276.5bn (US$5.5bn).
The food group, which includes SM Markets (SM Supermarket, SM Hypermarket and Savemore) and WalterMart, continued to expand mostly in provincial areas last year. I...