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SM Group secures 20 Philippine Quill Awards

EditorNatashya Angelica
Published 01/31/2024, 05:56 PM
© Reuters.

PASAY CITY - The SM Group, a prominent Philippine conglomerate, has been recognized with 20 awards at the 20th Philippine Quill Awards, a ceremony that highlights excellence in business communication. The awards were distributed among its entities, including SM Investments Corporation, BDO Unibank, Inc., SM Foundation Inc., and SM Supermalls.

SM Investments Corporation received accolades for its 2022 Integrated Report, an Enhanced Digital Communications Strategy, and a Brand Refresh initiative. SM Foundation Inc. was notably distinguished as the 2nd runner-up for Company of the Year and earned Excellence Awards for several projects aimed at promoting social good, inclusivity, and engagement. Their efforts included online storytelling campaigns and multimedia features that shared transformative stories of resilience and hope.

Frederic C. DyBuncio, President and CEO of SM Investments Corporation, expressed gratitude for the recognition, emphasizing the importance of communication in stakeholder engagement and in fostering brand loyalty.

BDO Unibank, Inc. was awarded for a variety of initiatives, including environmental sustainability efforts, an improved careers portal, a campaign against online scams, investor empowerment, investor relations, and an educational financial card game designed for learning.

SM Supermalls received recognition for innovative campaigns, such as the AweSM SuperKids Zone on Roblox and a welcoming campaign for mall visitors.

The prestigious Philippine Quill Awards, organized by the International Association of Business Communicators (IABC) Philippines, is a respected platform that celebrates the highest standards of business communication in the country. The event took place at the Marriott Grand Ballroom in Pasay City, and it is noteworthy that this was the 20th iteration of the awards, marking a significant milestone for the IABC Philippines, the first IABC chapter in Asia.

The distinction of the SM Group at the Philippine Quill Awards is based on a press release statement.

InvestingPro Insights

The recent accolades earned by the SM Group at the 20th Philippine Quill Awards underscore the company's dedication to excellence and innovation in business communication. These achievements resonate with the company's financial and operational health as reflected in the latest data from InvestingPro. With a market capitalization of $4.46 billion and a robust gross profit margin of 81.83% for the last twelve months as of Q3 2023, SM Group demonstrates a strong financial position.

Notably, the company has maintained dividend payments for 32 consecutive years, indicating a reliable return to shareholders, and despite analysts anticipating a sales decline in the current year, the company has been profitable over the last twelve months. Additionally, with a P/E ratio of 5.56 and a price/book ratio of 1.31, the company's stock appears to be valued reasonably in the market.

InvestingPro Tips suggest that while the stock price movements are quite volatile, the company operates with a moderate level of debt and maintains a strong return over the last five years. For investors looking to delve deeper into the company's prospects, InvestingPro offers additional tips and metrics. As a special New Year promotion, InvestingPro subscription is now available with a discount of up to 50%. Use coupon code SFY24 to get an additional 10% off a 2-year InvestingPro+ subscription, or SFY241 to get an additional 10% off a 1-year InvestingPro+ subscription. For more insights and tips on SM Group, visit https://www.investing.com/pro/SM, where numerous additional tips are waiting to guide your investment decisions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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