Sy-Coson said the group would “transform into a stronger and more adaptive SM after this crisis.”
In his management report, DyBuncio said the group had been investing in digital infrastructure. It launched online shopping platform “Shop SM.”“As a direct participant, we have our own online shopping sites, and we also have our stores in several e-commerce platforms,” he said. “As a service provider, we use our physical presence from malls and stores as pickup locations for Click & Collect,” he said.“For e-commerce, we also provide logistics support and last-mile delivery using logistics companies that we own,” DyBuncio said.“We provide a digital payment network through our banks and e-wallet service” he said.
SMIC declared cash dividends worth P5.1 billion or P4.25 per share, payable on July 23 to stockholders on record as of July 9.
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