SM Investments Corporation announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was PHP 111,152.493 million compared to PHP 109,047.645 million a year ago. Net income was PHP 9,007.277 million compared to PHP 10,690.220 million a year ago. Basic earnings per share was PHP 7.48 compared to PHP 8.87 a year ago.