
Banking, property units boost SMIC Investments profits
SM’s total assets rose 7 percent to P1.1 trillion, while gearing ratio stood at 45 percent net debt to 55 percent equity.
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2 results for “debt investments”

SM’s total assets rose 7 percent to P1.1 trillion, while gearing ratio stood at 45 percent net debt to 55 percent equity.

Potentially higher return on investments in places like the US and elsewhere help convince fund managers to sell their peso-denominated placements in…