SM Prime Holdings, Inc. increased its net income by 17% in 2018, driven by the growth of its shopping mall and residential property units.

In a statement issued Monday, the Sy-led firm said consolidated net income stood at P32.2 billion in 2018, higher than the P27.6 billion it posted in the year before. This came on the back of a 14% uptick in consolidated revenues to P104.1 billion.

Read more: https://www.bworldonline.com/sm-prime-profit-jumps-17-in-2018/