MALLS operator SM Prime Holdings, Inc. posted 15 percent growth in net income in the first quarter of the year, driven by the expansion of its malls and residential businesses.

SM Prime told the Philippine Stock Exchange on Monday that net income for the first three months of the year rose to P7.6 billion from P6.6 billion registered in the same period last year.

Read more: http://www.manilatimes.net/sm-prime-nets-p7-6b-in-q1/397452/