MANILA, Philippines — SM Prime Holdings Inc. (SM Prime), the Sy-owned property developer, posted a first half net income of P10.4 billion, down 46 percent.

This as revenue weakened because of slow sales caused by the coronavirus disease 2019 or COVID-19 pandemic.

Read more: https://www.philstar.com/business/2020/08/04/2032655/sm-prime-incurs-46-drop-h1-net-income