In a disclosure to the Philippine Stock Exchange, SM Investments Corporation (SM) said it earned P13.5 billion in the January to June period, a 10 percent year-on-year increase. Removing extraordinary items, recurring profit rose by a faster 13 percent year-on-year.

See more: http://www.interaksyon.com/business/115560/sm-grows-first-half-profit-by-a-tenth