Manila's SM Development 9-mth profit up 48 pct y/y

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Wed Nov 9, 2011 1:34am GMT

Nov 9 (Reuters) - Nine months ending Sept. 30, 2011.

(in billion pesos)

Net income 3.1 vs 2.1

Revenue 11.3 vs 6.1

Note: The Philippines' SM Development Corp is the property development arm of conglomerate SM Investment Corp , owned by the country's richest man Henry Sy.

($1 = 43.1 pesos) (Reporting by Erik dela Cruz in Manila)

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