SM Prime 2Q2012 Profits up by 16%

Sm Prime Holdings, Inc. (SMPH), the leading shoppping and mall opertor in the Philippines, posted 16% increase in net income for the 2nd Quarter of 2012 from P 2.15 Billion to P 2.49 Billion of the same period last year. This is equivalent to 48.1% consensus full year estimates. You can view the full report here.  

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