Corporate

SM Investments Corp. (SM Investments) reported a consolidated net income of P20.1 billion in the first quarter of 2025, a 9 percent increase from P18.4 billion in the same period last year, driven by strong performances across its banking, property, and retail businesses.

The Delbros Group has expanded its sustainability and community support efforts by donating solar-powered lights and portable cold storage units to key agencies and fishing communities in Palawan.

Maynilad Water Services Inc. has completed a ₱218-million pipeline replacement project in Quezon City, marking a milestone in its efforts to modernize Metro Manila’s aging water infrastructure and improve service delivery.

Dominion Holdings, Inc. reported a net income of ₱36.5 millionfor the first quarter of 2025, reflecting a year-on-year decline from ₱75.9 million in the same period last year. The company attributed the decrease primarily to a lower investment base following its ₱3.2 billion cash dividend declaration in May 2024—a strategic distribution that significantly altered its asset composition.

Petron Corp. reported a 2.5 percent increase in net income for the first quarter of 2025, reaching ₱4.03 billion from ₱3.93 billion in the same period last year, despite a significant drop in revenue.