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Business > Corporate News
Shang Properties boosts H1 net to P2.4B
By Ed Paolo Salting
Aug 22, 2023 12:25 am

LISTED real estate developer Shang Properties Inc. saw its net income attributable to parent equity holders in the first half of 2023 increase to P2.4 billion, up 59.02 percent from P1.51 billion in 2022.

In a report submitted to the Philippine Stock Exchange, Shang Properties said revenues also rose to P4.7 billion from P3.27 billion due to condominium sales, rentals, cinema, and hotel operations.

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