SM Investments optimistic on second half after strong H1

ABS-CBN News

Posted at Aug 17 2022 11:48 AM | Updated as of Aug 22 2022 09:14 AM

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SM Investments Corp is optimistic about its performance in the second half, following a strong rebound in the first half which saw income and foot traffic beat pre-pandemic levels.

“Our experience was Filipinos just want to get back to shopping. They have a lot of pent up demand said Timothy Daniels,” consultant for investor relations and sustainability of SMIC.

He said that despite global headwinds, the Philippines’ consumer-driven economy will remain robust.