Listed Suntrust Home Developers Inc., posted a 66.73-percent increase in its net income for the first three months of the year on the back of stronger revenues, the company reported.

In a financial disclosure to the Philippine Stock Exchange on Monday, Suntrust said its net income for the first quarter of 2016 amounted to P10.43 million, up from P6.26 million posted in the same period last year.

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