SM Prime net profit surges 17% to P32.2B in 2018

SM Prime Holdings Inc. saw its net income jump by 17 percent to P32.2 billion last year, from P27.6 billion in 2017, on the back of higher revenues.

In a disclosure on Monday, the company reported that consolidated revenues had risen by 14 percent to P104.1 billion from P90.9 billion in 2017.