SM Prime posts 12 percent profit growth in first quarter
SM Prime Holdings, the Philippines' biggest mall operator and developer, posted a 12 percent profit growth in the first quarter on back of increased rental earnings from its malls in the Philippines and China.
Citigroup posted a $4.43-billion first-quarter profit, its best result in nearly three years, as the economic recovery reduced the bank's credit losses and increased prices on even its worst assets.