16 Sep
2024
Create Waves of Positive Change with SM at the 2024 International Coastal Clean-Up
The International Coastal Clean-Up (ICC) is back for another year and is shaping up to be the biggest one yet, taking place simultaneously on September 21 in 15 different SM
13 Sep
2024
SM Supermalls Powers Up Sustainability with Expanded Electric Vehicle Charging Network
SM Supermalls, a leading Philippine mall operator, reinforces its commitment to sustainability by significantly expanding its Electric Vehicle Charging Station (EVCS) network. With the completion of stations at SM City
12 Sep
2024
SM Hotels and Conventions Corp. (SMHCC) Works with Technical Inspection Association Rheinland for its Food & Safety Hygiene (FSH) Policies
SMHCC collaborated with TUV Rheinland, (Technischer Überwachungsverein or Technical Inspection Association), one of the world’s leading testing service providers in the review of SMHCC’s FSH guidelines, upholding the company’s commitment
11 Sep
2024
National Resilience Council Foundation Elects Board and Kicks off with Expert-led Risk Governance
The National Resilience Council (NRC) Foundation, Inc. held its inaugural meeting and elected Board officers on September 2, 2024, at the SM Prime Headquarters in Pasay City. SM Prime’s Hans
06 Sep
2024
PRC Engineering Board, IIEE, and SM Prime Collaborate on Rooftop Solar PV Compliance
The Professional Regulation Commission (PRC) Board of Electrical Engineering (BEE) and the Institute of Electrical Engineers of the Philippines (IIEE) collaborated with SM Prime Holdings, Inc. (SM Prime) to study improvements
04 Sep
2024
SM City Baguio’s Rainwater Treatment Facility: A Model for Water Sustainability
SM City Baguio is making significant strides in water stewardship with its innovative rainwater treatment facility (RTF), launched in July 2023. In the months since, the facility has already processed
30 Aug
2024
SM Prime Scores Big at the 14th Asian Excellence Award
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, received awards at the 14th Asian Excellence Award by Corporate Governance Asia, held in
23 Aug
2024
Book Nook Expands Horizons with New Branch at The Podium
In a celebratory atmosphere brimming with literary enthusiasm and community spirit, the Book Nook launched its second branch at the fifth level of The Podium on August 15, 2024. Building
22 Aug
2024
Double Recognition for SM Supermalls at HR Asia Awards
SM Supermalls scored a double win at the 2024 HR Asia Awards held last Friday, August 16. Recognized as both a ‘Best Company to Work For’ for the second consecutive
22 Aug
2024
Highlands Residences’ Ochre Tower: Everyday adventures at Tagaytay Highlands
Tagaytay Highlands stands as the pinnacle of exclusive residential living in the Philippines, renowned for its signature log cabins and sweeping mountain views, all set against a backdrop of cool,
Stories
09 May
2007
SM Prime nets P1.5 B in Q1, up 11%
SM Prime Holdings, Inc., the country’s leading shopping mall developer and operator, reported an 11 percent rise in net income for the first quarter of the year to P1.5 billion, while EBITDA jumped 19 percent to P2.5 billion for an EBITDA margin of 71 percent.
09 May
2007
SM Prime profit jumps 11% to P1.5B in Q1
Shopping mall giant SM Prime Holdings Inc. posted a net profit of P1.5 billion in the first quarter this year, up 11 percent from a year ago on higher income from lease operations.
09 May
2007
New shopping malls earnings raise SM Prime’s net income
SM Prime Holdings Inc. said on Tuesday its first-quarter earnings climbed with the addition of new malls and the expansion of existing ones. In a statement, the Philippines’ biggest mall developer and operator said its net income for the first three months rose 11 percent to P1.5 billion.
03 May
2007
SM PRIME ‘Willing To Wait’ For Control Of South Road Properties
SM Prime Holdings Inc. (SMPHI) president Hans Sy has said the company is willing to wait on its plan to take full control over the 295-hectare (ha) South Road Properties (SRP) in Cebu City.
03 May
2007
Philippines’ property sector is red-hot
THE talk at a recent dinner party in Hong Kong hosted by one of Europe’s largest banks for a group of wealthy clients was centred – surprisingly – on the Philippine property sector.
24 Apr
2007
SM Prime sets aside P35 B to continue expansion binge
SM Prime sets aside P35 B to continue expansion binge Top mall developer SM Prime Holdings Inc. is spending P35 billion over the next five years for the construction of new malls as well as the expansion or renovation of existing malls nationwide.
24 Apr
2007
BusinessWorld: SM Prime sets P35-B plan
SM Prime Holdings, Inc., the country’s largest shopping mall developer and operator, will spend P35 billion in the next five years to open new malls and expand existing ones, President Hans T. Sy said yesterday.
24 Apr
2007
Philippine SM Prime 1Q Rev Likely Up 20%-25% On Year By Newswires
SM Prime Holdings Inc.’s (SMPH.PH) first-quarter revenue likely rose 20%-25% on year on the continued expansion of its shopping mall network, company executives said Monday. SM Prime Executive Vice President Jeffrey Lim said preliminary figures showed 20%-25% on-year growth in revenue in the quarter ended March 31, while same-store sales were up 7% on year.
24 Apr
2007
Philippines’ SM Prime sees 10-13 pct increase in net profit in 2007
SM Prime Holdings Inc expects its net profit to increase by 10-13 pct this year from 5.45 bln pesos last year, according to its president, Hans Sy. ‘Two-thousand-and-seven is very promising in terms of guidance. We are looking at a 10-13 pct increase over 2006 net earnings with the opening of three new malls in Bacolod, Tagaytay and Muntinlupa.
24 Apr
2007
Philippines SM Prime Hikes Capital To PHP20B From PHP10B
SM Prime Holdings Inc.’s (SMPH.PH) revenue in the first quarter likely rose 20%-25% on year, on the back of the continued expansion of its malls, company executives said Monday.
