THE tollway unit of San Miguel Corp. (SMC) saw net income grow by 27 percent to P2.01 billion in the first half (H1) from P1.58 billion a year earlier, driven by higher toll revenues and lower expenses.
SMC SLEX Inc., formerly South Luzon Tollways Corp., said revenue from toll operations amounted to P3.41 billion, up 10 percent year on year.
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