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Malls drive 7% profit increase at SM Prime
Manila Bulletin
|February 17, 2026
SM Prime Holdings Inc., the integrated property developer led by the billionaire
Sy family, posted a seven percent increase in full-year consolidated net income as recovery in commercial property and rigorous cost-cutting measures shielded the bottom line from a slowdown in residential sales.The firm disclosed to the Philippine Stock Exchange that the developer’s net income for 2025 was P48.8 billion, up from P45.6 billion a year earlier.
While consolidated revenues rose marginally to P141.1 billion from P140.4 billion, the company relied heavily on its dominant mall business to sustain growth.
Dit verhaal komt uit de February 17, 2026-editie van Manila Bulletin.
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