MANILA — SM Prime Holdings said Monday net income in the January to March period grew 16 percent on the back of higher rental income and residential sales.

Net income attributable to shareholders reached P8.8 billion in the first quarter, compared to P7.6 billion during the same period in 2018, SM Prime said in a stock exchange filing.

Read more: https://news.abs-cbn.com/business/05/06/19/sm-prime-net-income-rises-16-percent-in-q1