Integrated property developer SM Prime Holdings Inc. reported a P6.5 billion consolidated net income in the first quarter of the year due to a “slight recovery” driven by the reopening of business that led to increased mobility of people.

Property giant SM Prime Holdings Inc. (SMPH) on Monday said it ended the first quarter with a P6.5-billion profit on the back of P20.8-billion consolidated revenues.

SM Prime Holdings Inc. reported a net income of P6.5 billion in the first quarter, down 23 percent from the same period last year.

The Philippines retail giant SM Malls partners with the country’s leading homegrown delivery service app, toktok, as its official delivery partner for their Shop For Me program in its branches in the south metro area.

SM Prime Holdings, Inc., one of the leading integrated property developers in Southeast Asia, reported a P6.5 billion consolidated net income in the first quarter of 2021, on the back of consolidated revenues amounting to P20.8 billion.

SM Prime Holdings, Inc., one of the leading integrated property developers in Southeast Asia, reported a P6.5 billion consolidated net income in the first quarter of 2021, on the back of consolidated revenues amounting to P20.8 billion.

SM Prime Holdings Inc said Monday it posted a consolidated net income of P6.5 billion in the first quarter of 2021 on the back of a slight recovery in residential and retail segments.

Despite the economic impact of the coronavirus pandemic, property and mall developer SM Prime Holdings still intends to open 3 new malls in 2021.

SM Prime Holdings, Inc., one of the leading integrated property developers in Southeast Asia, reported a P6.5 billion consolidated net income in the first quarter of 2021, on the back of consolidated revenues amounting to P20.8 billion.

Property developer SM Prime Holdings Inc. said Monday net income climbed 80 percent in the first quarter to P6.5 billion from P3.6 billion in the fourth quarter of 2020.