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SM Prime sees higher income in 2021

SM Prime Holdings Inc. on Monday reported a double-digit increase in its full year net income last year.

The property giant on Monday said its net income climbed by 21 percent to P21.8 billion in 2021 from P18 billion a year ago amid a flat consolidated revenues of P82.3 billion.

RIDING HIGH SM Mall of Asia. SM Prime Holdings reports a double-digit increase of its net income last year. PHOTO BY AARON RONQUILLO