Higher leasable space and tenant growth lift SM Supermalls’ revenue as it expands retail, leisure and entertainment offerings across the Philippines.
Strongest growth in nearly 10 years.
The economy grew 2.3% in the second quarter as weaker consumer spending, job losses, slower remittances, and lower public construction weighed on growth.
Revenue climbed 94% while retail fuel sales surged 474% as the company expanded its presence across the Visayas.
