SM Prime consolidated net surges 27% to P9.4B

By Ed Paolo Salting

May 09, 2023 12:23 am

SM Prime Holdings Inc. booked a consolidated net income of P9.4 billion in the first quarter, 27 percent higher than the year-earlier P7.4 billion as recurring businesses gained headway.

Operating income rose to P13.9 billion, 30 percent up from last year's P10.7 billion.

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

Related Articles

OFW remittances hit $3.34B

Powell says no need to rush rate cuts

Auto sales up 1.2% despite Kristine's operational impact

China's latest data shows soft economic underbelly

Financial sector resources rise to P33T as of end-Sept

Construction material prices edge up in Oct

Alliance Global posts steady 9-month profit