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SM Prime hits P 40-B profit

By Inquirer - 3 months ago
MANILA, Philippines  —Property giant SM Prime Holdings Inc. grew its net profit last year by 33 percent to P40 billion, driven by the continued rebound of the shopping mall business in the aftermath of the pandemic. Mall revenues expanded by 30 percent to nearly P72 billion. Consolidated revenues rose by 21 percent to P128.1 billion,

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