(August 05, 2024, Pasay City, Philippines) - SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported a 16% increase in consolidated net income to PHP11.6 billion in the second quarter of 2024 from PHP10.0 billion in the second quarter of 2023. This is supported by a 9% growth in consolidated revenues to PHP34.0 billion in the second quarter of 2024 from PHP31.2 billion in the second quarter of the previous year.
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