Fortune names 3 SM companies in SEA 500 List

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Fortune names 3 SM companies in SEA 500 List
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Fortune named three SM companies—SM Investments Corp., BDO Unibank Inc. and China Banking Corp—in its first Southeast Asia 500 list out of a total 38 Philippine companies.

The list included SM Investments, BDO and Chinabank which contributed $10.3 billion, $5.8 billion and $1.4 billion to revenues, respectively. The ten largest companies on the list reported revenues of $650 billion, accounting for more than a third of the revenue for fiscal year 2023 across all Southeast Asia 500 companies which reported total revenues of $1.8 trillion.

Fortune’s analysts also found there are about 30 female CEOs and chairmen among the Southeast Asia 500 companies.

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