- |SM Prime will open 10 malls in various locations including provinces|
- | The company’s net income and revenue also increased |
|10 malls by 2021 |
SM Prime Holdings Inc. would open 5 malls next year in Daet, Tanza, Bataan, Roxas and Sorsogon along with the expansion of SM MOA Phase 4. The next 5 malls in 2021 will be located in Grand Central, Tuguegarao, Naga, San Pedro, and Parañaque funded by the P10-billion peso fixed bond rate offering last year.
Their net income went up +by 17% to P8.8B from rental revenues and residential sales and their revenue made a +23% increase in Q1 of this year.
May 14, 2019 8:51 am