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MANILA, Philippines — SM Investments Corp. (SMIC) is doubling down on its long-tested playbook as global and domestic uncertainties persist, stressing that consistency—not reinvention—will steer the group through volatility. The Sy-led conglomerate reported a 7-percent rise in first-quarter net income to P21.5 billion. This is alongside a 5-percent increase in consolidated revenues to P159.4 billion,