21 Aug
2024
Embracing Net Zero: The Philippines’ Urgent Call to Climate Action
As we enter the typhoon season, recent extreme weather events have once again underscored the Philippines’ vulnerability to such conditions. As the nation grapples with the potential aftermath, it is
17 Aug
2024
SM Prime Joins Global Conversation on Building Sustainable Cities for The Future
SM Prime Holdings (SM Prime) played a pivotal role in advancing sustainable urban development by hosting the 7th annual Association of Pacific Rim Universities – Sustainable Cities and Landscapes (APRU-SCL)
13 Aug
2024
SMX Convention Center Celebrates Grand Return of Culinaire 2024 Featuring 10 Partner Caterers
The largest convention center operator in the country SMX Convention Center marked the grand return of its signature culinary event, Culinaire last August 6, 2024 with the captivating theme “Flavor
09 Aug
2024
Collaborative Partnerships for Climate Resilience
The Philippines tops the list of countries with the highest disaster risk, thus building our capacity to respond, bounce back and adapt to intensifying climate impacts is a nationwide priority
06 Aug
2024
Building Sustainable Communities: The Future of Cities
What makes a city thrive is a combination of how developers create opportunities for movement, synergy, and prosperity. It’s a combination of celebrating life to its fullest capacity with the
05 Aug
2024
SM Prime’s 2Q 2024 Net Income Improves by 16%
(August 05, 2024, Pasay City, Philippines) – SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported a 16% increase in consolidated net
02 Aug
2024
#SMWasteFreeFuture Aims to Promote Good Practices For Better Waste Segregation
MANILA – August 2, 2024. When it comes to proper segregation of waste, every small action counts. This is what leading integrated property developer SM Prime Holdings, Inc. aims to
31 Jul
2024
SM Prime Widens the Landscape in Renewable Energy
As part of its net-zero commitment by 2040, one of Asia’s leading real estate and property developers, SM Prime Holdings, Inc. (SM Prime), partnered with global integrated energy company TotalEnergies
31 Jul
2024
Protecting Communities: SM Prime Remains Committed to Disaster Resiliency Innovations
SM Prime remains committed to ensuring the integration of climate adaptation and sustainability into its projects while expanding partnerships with government and other stakeholders to grow more resilient communities. SM
24 Jul
2024
Enhanced Government-Private Sector Collaboration Highlighted at MICECON 2024, SMX Convention Center Clark
MICECON 2024, the premier meetings, incentives, conferences, and exhibitions (MICE) conference in the Philippines, concluded successfully at the SMX Convention Center Clark Pampanga from July 10-12, 2024. This prestigious event
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.
