(20 February 2023, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, registered a PHP30.1 billion consolidated net income in 2022, 38% higher than PHP21.8 billion in 2021. This is supported by PHP105.8 billion in consolidated revenues, which was a 29% increase from last year’s PHP82.3 billion. Consolidated operating income went up by 52% to PHP49.2 billion from PHP32.4 billion in the previous year.

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