{"id":1277,"date":"2026-04-10T08:01:14","date_gmt":"2026-04-10T08:01:14","guid":{"rendered":"https:\/\/www.sminvestments.com\/2025smicintegratedreport\/?page_id=1277"},"modified":"2026-04-15T06:35:07","modified_gmt":"2026-04-15T06:35:07","slug":"2025-year-in-review","status":"publish","type":"page","link":"https:\/\/www.sminvestments.com\/2025smicintegratedreport\/2025-year-in-review\/","title":{"rendered":"2025 Year in Review"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1277\" class=\"elementor elementor-1277\">\n\t\t\t\t<div class=\"elementor-element elementor-element-36c56f9 e-con-full e-flex e-con e-parent\" data-id=\"36c56f9\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-d457ed3 e-con-full e-flex e-con e-child\" data-id=\"d457ed3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fcb0950 elementor-widget elementor-widget-heading\" data-id=\"fcb0950\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">2025 Year in Review<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8b91a93 elementor-widget elementor-widget-shortcode\" data-id=\"8b91a93\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">        \r\n            <!-- Timeline Meta Data -->\r\n                    \r\n            <!-- Start Parent Container -->\r\n            <div id=\"btimeline-1533\">\r\n                <div class=\"timeline bp_titleline\" data-timeline='{&quot;timeline_type&quot;:&quot;horizontal&quot;,&quot;content_position&quot;:&quot;default&quot;,&quot;date_location&quot;:&quot;top&quot;,&quot;item_datas&quot;:[{&quot;date_label&quot;:&quot;January&quot;,&quot;item_details&quot;:&quot;&lt;\\\/p&gt;&lt;strong&gt;SM Investments&lt;\\\/strong&gt; reports &lt;strong&gt;2024 consolidated revenues of PHP654.8 billion&lt;\\\/strong&gt; and &lt;strong&gt;net income of PHP82.6 billion&lt;\\\/strong&gt;&quot;},{&quot;date_label&quot;:&quot;February&quot;,&quot;item_details&quot;:&quot;&lt;\\\/p&gt;&lt;strong&gt;MOA Sky&lt;\\\/strong&gt; opens atop &lt;strong&gt;SM Mall of Asia&lt;\\\/strong&gt; \\u2014 &lt;strong&gt;a 55,000-sqm open-air destination&lt;\\\/strong&gt; featuring sports, entertainment and leisure spaces\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;SM Investments&lt;\\\/strong&gt; is awarded the &lt;strong&gt;IFR Asia Philippine Capital Market Deal of the Year&lt;\\\/strong&gt;\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;Chinabank&lt;\\\/strong&gt; rejoins the &lt;strong&gt;PSE Index&lt;\\\/strong&gt;&quot;},{&quot;date_label&quot;:&quot;March&quot;,&quot;item_details&quot;:&quot;&lt;\\\/p&gt;&lt;strong&gt;SM Investments&lt;\\\/strong&gt; marks &lt;strong&gt;20 years on the PSE&lt;\\\/strong&gt;\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;SM Investments&lt;\\\/strong&gt; launches its &lt;strong&gt;first-ever PHP60 billion share buyback program&lt;\\\/strong&gt;\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;SM Investments&lt;\\\/strong&gt; receives &lt;strong&gt;The Asset Triple A Award \\u2014 Best Corporate Bond (Philippines)&lt;\\\/strong&gt;&quot;},{&quot;date_label&quot;:&quot;April&quot;,&quot;item_details&quot;:&quot;&lt;\\\/p&gt;&lt;strong&gt;Marife Zamora&lt;\\\/strong&gt; is appointed &lt;strong&gt;Independent Director of&lt;\\\/strong&gt;&lt;strong&gt;SM Investments&lt;\\\/strong&gt;\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;SM Investments&lt;\\\/strong&gt; is the early adopter of &lt;strong&gt;IFRS S1 and S2 sustainability disclosure standards&lt;\\\/strong&gt;&quot;},{&quot;date_label&quot;:&quot;May&quot;,&quot;item_details&quot;:&quot;&lt;\\\/p&gt;&lt;strong&gt;SM City Laoag&lt;\\\/strong&gt; opens with 113,000 m\\u00b2 of gross floor area (GFA)&quot;},{&quot;date_label&quot;:&quot;June&quot;,&quot;item_details&quot;:&quot;&lt;\\\/p&gt;&lt;strong&gt;2GO Group achieves profitability across all business segments&lt;\\\/strong&gt; for the first time\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;SM Investments&lt;\\\/strong&gt;is recognized in &lt;strong&gt;Fortune\\u2019s Southeast Asia 500&lt;\\\/strong&gt;&quot;},{&quot;date_label&quot;:&quot;July&quot;,&quot;item_details&quot;:&quot;&lt;\\\/p&gt;&lt;strong&gt;SM Prime&lt;\\\/strong&gt; introduces &lt;strong&gt;Signature Series&lt;\\\/strong&gt; for premium residences\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;SM Prime&lt;\\\/strong&gt; unveils the &lt;strong&gt;Philippines\\u2019 largest rooftop solar facility at SM City Fairview&lt;\\\/strong&gt;&quot;},{&quot;date_label&quot;:&quot;August&quot;,&quot;item_details&quot;:&quot;&lt;\\\/p&gt;&lt;strong&gt;SM&lt;\\\/strong&gt; companies are recognized among &lt;strong&gt;Top 5 Philippine PLCs&lt;\\\/strong&gt; and &lt;strong&gt;Top 50 ASEAN PLCs&lt;\\\/strong&gt; for corporate governance by the &lt;strong&gt;ASEAN Corporate Governance Scorecard Awards&lt;\\\/strong&gt;\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;Atlas Mining&lt;\\\/strong&gt; launches a &lt;strong&gt;4.99 MW floating solar facility in Cebu&lt;\\\/strong&gt;, supplying ~10% of site power with expansion potential to 50 MW\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;2GO&lt;\\\/strong&gt; launches the new &lt;strong&gt;Manila-Siargao route&lt;\\\/strong&gt;&quot;},{&quot;date_label&quot;:&quot;September&quot;,&quot;item_details&quot;:&quot;&lt;\\\/p&gt;&lt;strong&gt;SM Investments&lt;\\\/strong&gt; is named among &lt;strong&gt;TIME Magazine\\u2019s World\\u2019s Best Companies&lt;\\\/strong&gt;\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;SM Investments&lt;\\\/strong&gt; is certified as a &lt;strong&gt;Great Place to Work\\u00ae for 2025&lt;\\\/strong&gt;&quot;},{&quot;date_label&quot;:&quot;October&quot;,&quot;item_details&quot;:&quot;&lt;\\\/p&gt;&lt;strong&gt;SM Supermalls&lt;\\\/strong&gt; and &lt;strong&gt;SM Markets&lt;\\\/strong&gt; each celebrate their &lt;strong&gt;40th anniversary&lt;\\\/strong&gt;\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;SM Investments&lt;\\\/strong&gt;, &lt;strong&gt;SM Prime&lt;\\\/strong&gt;, &lt;strong&gt;BDO&lt;\\\/strong&gt; and &lt;strong&gt;Chinabank&lt;\\\/strong&gt; all receive &lt;strong&gt;Five Golden Arrow Awards from the Institute of Corporate Directors&lt;\\\/strong&gt;\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;SM City La Union&lt;\\\/strong&gt; opens with approximately 112,000 m\\u00b2 of GFA\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;SM City Xiamen Haicang&lt;\\\/strong&gt; opens as the 9th SM mall in China\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;SMAC&amp;SHOP&lt;\\\/strong&gt; debuts as the &lt;strong&gt;all-in-one app&lt;\\\/strong&gt; for SMAC members&quot;},{&quot;date_label&quot;:&quot;November&quot;,&quot;item_details&quot;:&quot;&lt;\\\/p&gt;&lt;strong&gt;Radisson Blu&lt;\\\/strong&gt; Cebu celebrates its &lt;strong&gt;15th anniversary&lt;\\\/strong&gt;\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;Goldilocks&lt;\\\/strong&gt; opens its &lt;strong&gt;1,000th store&lt;\\\/strong&gt;&quot;},{&quot;date_label&quot;:&quot;December&quot;,&quot;item_details&quot;:&quot;&lt;\\\/p&gt;&lt;strong&gt;SM Supermalls&lt;\\\/strong&gt; reaches &lt;strong&gt;100 MW&lt;\\\/strong&gt; of installed &lt;strong&gt;renewable energy capacity&lt;\\\/strong&gt;\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\nThe &lt;strong&gt;SM\\u2013DOLE Job Fair program&lt;\\\/strong&gt; reaches &lt;strong&gt;30,000 jobseekers hired on the spot&lt;\\\/strong&gt;\\r\\n&lt;p&gt;&lt;\\\/p&gt;\\r\\n&lt;strong&gt;SM Hotels and Conventions Corp&lt;\\\/strong&gt; launches the &lt;strong&gt;Park Inn by Radisson SM City Dasmari\\u00f1as&lt;\\\/strong&gt;&quot;}],&quot;start_item&quot;:&quot;0&quot;,&quot;move_item&quot;:&quot;0&quot;,&quot;visible_items&quot;:&quot;5&quot;,&quot;vertica_trigger&quot;:&quot;15&quot;,&quot;rtl_mode&quot;:&quot;0&quot;,&quot;bar_bg_color&quot;:&quot;#47a1d9&quot;,&quot;bar_dot_color&quot;:&quot;#ffffff&quot;,&quot;item_bg&quot;:&quot;#ffffff&quot;,&quot;item_color&quot;:&quot;#333333&quot;,&quot;item_fontWeight&quot;:&quot;normal&quot;,&quot;item_fontStyle&quot;:&quot;normal&quot;,&quot;item_fontSize&quot;:&quot;20&quot;,&quot;item_border_size&quot;:&quot;1&quot;,&quot;item_border_color&quot;:&quot;#cccccc&quot;,&quot;label_fontSize&quot;:&quot;12&quot;,&quot;lebel_fontWeight&quot;:&quot;normal&quot;,&quot;label_fontStyle&quot;:&quot;normal&quot;,&quot;label_color&quot;:&quot;#222222&quot;}'>\r\n                    <div class=\"timeline__wrap\">\r\n                        <div class=\"timeline__items\">\r\n        \r\n                                    \r\n                                <div class=\"timeline__item  fadeIn\">\r\n                                    <div class=\"timeline__item__inner\">\r\n                                        <div class=\"timeline__content__wrap\">\r\n                                            <div class=\"timeline__content\">\r\n                                                <p class=\"title\">January <\/p>\r\n                                                <p><\/p><strong>SM Investments<\/strong> reports <strong>2024 consolidated revenues of PHP654.8 billion<\/strong> and <strong>net income of PHP82.6 billion<\/strong> <\/p>\r\n                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                <\/div>\r\n        \r\n                                    \r\n                                <div class=\"timeline__item  fadeIn\">\r\n                                    <div class=\"timeline__item__inner\">\r\n                                        <div class=\"timeline__content__wrap\">\r\n                                            <div class=\"timeline__content\">\r\n                                                <p class=\"title\">February <\/p>\r\n                                                <p><\/p><strong>MOA Sky<\/strong> opens atop <strong>SM Mall of Asia<\/strong> \u2014 <strong>a 55,000-sqm open-air destination<\/strong> featuring sports, entertainment and leisure spaces\r\n<p><\/p>\r\n<strong>SM Investments<\/strong> is awarded the <strong>IFR Asia Philippine Capital Market Deal of the Year<\/strong>\r\n<p><\/p>\r\n<strong>Chinabank<\/strong> rejoins the <strong>PSE Index<\/strong> <\/p>\r\n                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                <\/div>\r\n        \r\n                                    \r\n                                <div class=\"timeline__item  fadeIn\">\r\n                                    <div class=\"timeline__item__inner\">\r\n                                        <div class=\"timeline__content__wrap\">\r\n                                            <div class=\"timeline__content\">\r\n                                                <p class=\"title\">March <\/p>\r\n                                                <p><\/p><strong>SM Investments<\/strong> marks <strong>20 years on the PSE<\/strong>\r\n<p><\/p>\r\n<strong>SM Investments<\/strong> launches its <strong>first-ever PHP60 billion share buyback program<\/strong>\r\n<p><\/p>\r\n<strong>SM Investments<\/strong> receives <strong>The Asset Triple A Award \u2014 Best Corporate Bond (Philippines)<\/strong> <\/p>\r\n                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                <\/div>\r\n        \r\n                                    \r\n                                <div class=\"timeline__item  fadeIn\">\r\n                                    <div class=\"timeline__item__inner\">\r\n                                        <div class=\"timeline__content__wrap\">\r\n                                            <div class=\"timeline__content\">\r\n                                                <p class=\"title\">April <\/p>\r\n                                                <p><\/p><strong>Marife Zamora<\/strong> is appointed <strong>Independent Director of<\/strong><strong>SM Investments<\/strong>\r\n<p><\/p>\r\n<strong>SM Investments<\/strong> is the early adopter of <strong>IFRS S1 and S2 sustainability disclosure standards<\/strong> <\/p>\r\n                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                <\/div>\r\n        \r\n                                    \r\n                                <div class=\"timeline__item  fadeIn\">\r\n                                    <div class=\"timeline__item__inner\">\r\n                                        <div class=\"timeline__content__wrap\">\r\n                                            <div class=\"timeline__content\">\r\n                                                <p class=\"title\">May <\/p>\r\n                                                <p><\/p><strong>SM City Laoag<\/strong> opens with 113,000 m\u00b2 of gross floor area (GFA) <\/p>\r\n                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                <\/div>\r\n        \r\n                                    \r\n                                <div class=\"timeline__item  fadeIn\">\r\n                                    <div class=\"timeline__item__inner\">\r\n                                        <div class=\"timeline__content__wrap\">\r\n                                            <div class=\"timeline__content\">\r\n                                                <p class=\"title\">June <\/p>\r\n                                                <p><\/p><strong>2GO Group achieves profitability across all business segments<\/strong> for the first time\r\n<p><\/p>\r\n<strong>SM Investments<\/strong>is recognized in <strong>Fortune\u2019s Southeast Asia 500<\/strong> <\/p>\r\n                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                <\/div>\r\n        \r\n                                    \r\n                                <div class=\"timeline__item  fadeIn\">\r\n                                    <div class=\"timeline__item__inner\">\r\n                                        <div class=\"timeline__content__wrap\">\r\n                                            <div class=\"timeline__content\">\r\n                                                <p class=\"title\">July <\/p>\r\n                                                <p><\/p><strong>SM Prime<\/strong> introduces <strong>Signature Series<\/strong> for premium residences\r\n<p><\/p>\r\n<strong>SM Prime<\/strong> unveils the <strong>Philippines\u2019 largest rooftop solar facility at SM City Fairview<\/strong> <\/p>\r\n                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                <\/div>\r\n        \r\n                                    \r\n                                <div class=\"timeline__item  fadeIn\">\r\n                                    <div class=\"timeline__item__inner\">\r\n                                        <div class=\"timeline__content__wrap\">\r\n                                            <div class=\"timeline__content\">\r\n                                                <p class=\"title\">August <\/p>\r\n                                                <p><\/p><strong>SM<\/strong> companies are recognized among <strong>Top 5 Philippine PLCs<\/strong> and <strong>Top 50 ASEAN PLCs<\/strong> for corporate governance by the <strong>ASEAN Corporate Governance Scorecard Awards<\/strong>\r\n<p><\/p>\r\n<strong>Atlas Mining<\/strong> launches a <strong>4.99 MW floating solar facility in Cebu<\/strong>, supplying ~10% of site power with expansion potential to 50 MW\r\n<p><\/p>\r\n<strong>2GO<\/strong> launches the new <strong>Manila-Siargao route<\/strong> <\/p>\r\n                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                <\/div>\r\n        \r\n                                    \r\n                                <div class=\"timeline__item  fadeIn\">\r\n                                    <div class=\"timeline__item__inner\">\r\n                                        <div class=\"timeline__content__wrap\">\r\n                                            <div class=\"timeline__content\">\r\n                                                <p class=\"title\">September <\/p>\r\n                                                <p><\/p><strong>SM Investments<\/strong> is named among <strong>TIME Magazine\u2019s World\u2019s Best Companies<\/strong>\r\n<p><\/p>\r\n<strong>SM Investments<\/strong> is certified as a <strong>Great Place to Work\u00ae for 2025<\/strong> <\/p>\r\n                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                <\/div>\r\n        \r\n                                    \r\n                                <div class=\"timeline__item  fadeIn\">\r\n                                    <div class=\"timeline__item__inner\">\r\n                                        <div class=\"timeline__content__wrap\">\r\n                                            <div class=\"timeline__content\">\r\n                                                <p class=\"title\">October <\/p>\r\n                                                <p><\/p><strong>SM Supermalls<\/strong> and <strong>SM Markets<\/strong> each celebrate their <strong>40th anniversary<\/strong>\r\n<p><\/p>\r\n<strong>SM Investments<\/strong>, <strong>SM Prime<\/strong>, <strong>BDO<\/strong> and <strong>Chinabank<\/strong> all receive <strong>Five Golden Arrow Awards from the Institute of Corporate Directors<\/strong>\r\n<p><\/p>\r\n<strong>SM City La Union<\/strong> opens with approximately 112,000 m\u00b2 of GFA\r\n<p><\/p>\r\n<strong>SM City Xiamen Haicang<\/strong> opens as the 9th SM mall in China\r\n<p><\/p>\r\n<strong>SMAC&amp;SHOP<\/strong> debuts as the <strong>all-in-one app<\/strong> for SMAC members <\/p>\r\n                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                <\/div>\r\n        \r\n                                    \r\n                                <div class=\"timeline__item  fadeIn\">\r\n                                    <div class=\"timeline__item__inner\">\r\n                                        <div class=\"timeline__content__wrap\">\r\n                                            <div class=\"timeline__content\">\r\n                                                <p class=\"title\">November <\/p>\r\n                                                <p><\/p><strong>Radisson Blu<\/strong> Cebu celebrates its <strong>15th anniversary<\/strong>\r\n<p><\/p>\r\n<strong>Goldilocks<\/strong> opens its <strong>1,000th store<\/strong> <\/p>\r\n                                            <\/div>\r\n                                        <\/div>\r\n                                    <\/div>\r\n                                <\/div>\r\n        \r\n                                    \r\n                                <div class=\"timeline__item  fadeIn\">\r\n                                    <div class=\"timeline__item__inner\">\r\n                                        <div class=\"timeline__content__wrap\">\r\n                                            <div class=\"timeline__content\">\r\n                                                <p class=\"title\">December <\/p>\r\n                                                <p><\/p><strong>SM Supermalls<\/strong> reaches <strong>100 MW<\/strong> of installed <strong>renewable energy capacity<\/strong>\r\n<p><\/p>\r\nThe <strong>SM\u2013DOLE Job Fair program<\/strong> reaches <strong>30,000 jobseekers hired on the spot<\/strong>\r\n<p><\/p>\r\n<strong>SM Hotels and Conventions Corp<\/strong> launches the <strong>Park Inn by Radisson SM City Dasmari\u00f1as<\/strong> <\/p>\r\n                                            <\/div>\r\n               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