SM Prime net profit reaches P19.3B in H1

Jul 16, 2019 12:12 am

LISTED SM Prime Holdings Inc.’s net income increased by 16 percent to P19.30 billion in the first half of 2019 from P16.62 billion in the same period last year, which it attributed to the stability of the Philippine economy.

In a disclosure on Monday, the Sy-led real-estate developer said its net profit for the second quarter also rose by 16 percent to P10.5 billion from P9.02 billion year-on-year.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.