SM Investments Corporation (SM) reported a 10 percent hike in consolidated net income to P26.2 billion in the first nine months of the year.

In a disclosure to the Philippine Stock Exchange, the firm said its consolidated revenues grew 12 percent to P307.4 billion from P274.6 billion in the same period in 2017.

“The results of the first nine months have been reassuring with the resilient performance of property, banking and retail,” SM President Frederic C. DyBuncio said.

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