(April 28, 2026, Pasay City, Philippines) - SM Prime Holdings, Inc. (SM Prime) recorded a first-quarter net income of P11.66 billion, largely stable compared to P11.65 billion a year earlier, as costs and expenses outpaced revenue growth. Total revenues rose 2% year-on-year from P32.8 billion to P33.3 billion on higher rental income and other revenues, which helped cushion weaker revenue from real estate sales.
[...]
This is an abstract of the document. To keep reading, click here and get access to the original version.