Property giant SM Prime Holdings grew its net profit as of June by 16 percent year-on-year to P16.62 billion on higher earnings from its shopping mall, residential and hotel businesses.

Eight SM companies are recognized among the top-governed firms based on the 2017 Asean Corporate Governance Scorecard in an appreciation ceremony by the Institute of Corporate Directors.

Eight SM companies were recognized among the top-governed firms based on the 2017 ASEAN Corporate Governance Scorecard (ACGS) in an appreciation ceremony by the Institute of Corporate Directors held last July 31, 2018.

THE property firm of country’s richest man Henry Sy reported a 16% profit growth for the first six months of 2018, driven by the provincial expansion of its malls alongside higher demand for residential properties.

SAN Jose City — Amid the construction boom here, SM Prime Holdings Inc., the operator of SM Group’s shopping malls, is reportedly planning putting up another branch in this city to become its so-called “main mall” in Central Luzon.

MANILA – SM Prime Holdings said Monday January to June net income rose 16 percent to P16.6 billion, on the back of new malls and residential projects.

SHOPPING mall operator SM Prime Holdings Inc. on Monday said its net income grew 16 percent during the first half of the year ending June, mainly as a result of new mall openings during the past few months.

SM Prime Holdings Inc., one of the largest integrated property developers in Southeast Asia, said Monday net income climbed 16 percent in the first half to P16.6 billion from P14.39 billion in the same period last year on double-digit growth in mall revenues and residential sales.

SM Supermalls scored five Awards of Merit in different categories at the recently concluded 16th Philippine Quill Awards held at the Marriott Grand Ballroom.

SM Santa Rosa, in partnership with SM Cares, recently celebrated National Children’s Book Reading Day with the special participation of Rep. Arlene Arcillas of the 1st District of Laguna.