Business
SM Prime's first-half net income steady at P24.5B
Philippine property giant SM Prime Holdings Inc. reported its first-half net income remained steady at P24.5 billion, as rising costs offset gains across its businesses. Total revenues grew by 5% to P71.7 billion.
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SM Prime Holdings Inc. reported a steady net income of P24.5 billion in the first half, as rising costs and expenses offset revenue growth, despite a five percent increase in overall revenues.