SM Development Corporation (SMDC) posted a consolidated net income of Php4.18 billion in 2011, increasing sharply by 38% from Php3.02 billion in 2010. Consolidated revenues amounted to Php16.92 billion, higher by 69% year-on-year, mainly derived from real estate operations. The market continues to show strong acceptance of the company’s SM Residences and M Place products, thereby fueling SMDC’s notable 2011 results.
| Home » Articles » Business |
SM Development Corporation (SMDC) posts PhP4.18 billion net income in 2011
Please support us in writing articles like this by sharing this postShare this post to your Facebook, Twitter, Blog, or any social media site. In this way, we will be motivated to write articles you like.
--- NOTICE ---
If you want to use this article or any of the content of this website, please credit our website (www.affordablecebu.com) and mention the source link (URL) of the content, images, videos or other media of our website.  "SM Development Corporation (SMDC) posts PhP4.18 billion net income in 2011" was written by Mary under the Business category. It has been read 2066 times and generated 1 comments. The article was created on 07 March 2012 and updated on 07 March 2012. |
|
| Total comments : 1 | ||
|
||