SM Prime Holdings Inc., the country’s leading integrated property company, said Monday it posted a net income of P8.8 billion in the first quarter, up 16 percent from P7.6 billion in the same period last year, on the back of steady growth in rental revenues and residential sales.

Read more: http://www.manilastandard.net/business/corporate/294087/sm-prime-s-profit-climbed-16-to-p7-6-billion-in-1st-quarter.html