- | SMPC revenues soar in the first half of 2019 |
- | Stable economy cause for rising figures |
| SMPC’s income rises by 16% |
The first half of 2019 sees SM Prime Holdings Inc.’s net income rising from 16% to P19.3B from the previous year’s P16.62B. Additionally, consolidated revenues have risen by 15% to P57.05B, and its operating income by 17% to P27.42B.
President Jeffrey C. Lim has attributed this to “[the] country’s stable economy”. Further, he states that SMPH is “optimistic to sustain this growth moving forward” as it continues to work on new projects.
July 16, 2019 8:50 am