CHATEAU ELYSEE CLUSTER

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                    [ArticleID] => 338956
                    [Title] => SM Development suffers 31% income drop in Q1
                    [Summary] => SM Development Corp. (SMC), the property arm of listed investment holding company SM Investments Corp., reported a 31.1 percent drop in its first quarter net income to P71.1 million, from P103.2 million a year earlier, mainly due to higher costs and expenses.


                    [DatePublished] => 2006-05-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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SM Development suffers 31% income drop in Q1

By Zinnia B. Dela Peña | May 28, 2006 - 12:00am

SM Development Corp. (SMC), the property arm of listed investment holding company SM Investments Corp., reported a 31.1 percent drop in its first quarter net income to P71.1 million, from P103.2 million a year earlier,...

Business