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                    [Title] => SM Prime posts 9% income growth to P2.2B in 1st half
                    [Summary] => Sustaining its gains in the first quarter, mall developer SM Prime Holdings Inc. reported a nine percent growth in its net income for the first half this year to P2.2 billion, from only P2 billion a year ago, the company said yesterday.


Gross revenues rose 14 percent to P4.92 billion from only P4.3 billion a year ago.  Of this amount, rental revenues accounted for P3.84 billion or an increase of 15 percent from the previous year’s level of  P3.34 billion, largely due to the opening of new SM Supermalls.  


                    [DatePublished] => 2004-08-12 00:00:00
                    [ColumnID] => 133272
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ROXAS BOULEVARD BAY AREA

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                    [ArticleID] => 260969
                    [Title] => SM Prime posts 9% income growth to P2.2B in 1st half
                    [Summary] => Sustaining its gains in the first quarter, mall developer SM Prime Holdings Inc. reported a nine percent growth in its net income for the first half this year to P2.2 billion, from only P2 billion a year ago, the company said yesterday.


Gross revenues rose 14 percent to P4.92 billion from only P4.3 billion a year ago.  Of this amount, rental revenues accounted for P3.84 billion or an increase of 15 percent from the previous year’s level of  P3.34 billion, largely due to the opening of new SM Supermalls.  


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abtest

SM Prime posts 9% income growth to P2.2B in 1st half

August 12, 2004 - 12:00am

Sustaining its gains in the first quarter, mall developer SM Prime Holdings Inc. reported a nine percent growth in its net income for the first half this year to P2.2 billion, from only P2 billion a year ago, the...

Business