23 Jul
2024
SM Prime: 30 Years of Premier and Sustainable Excellence
(23 July, 2024, Pasay City, Philippines) – SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, celebrates today, July 23, its 30th listing
22 Jul
2024
SM Prime celebrates Philippine Environment Month
June saw a wave of eco-conscious initiatives at many SM Supermalls in celebration of Philippine Environment Month, which coincides with World Bicycle Day on June 3, World Environment Day on
22 Jul
2024
SM Prime, SMDC and Supermalls Shine Bright at the Philippines’ Leadership and Best Employer Brand Awards 2024
Earning Recognitions for People Programs SM Prime Holdings, Inc. (SM Prime), together with its subsidiaries SM Supermalls and SM Development Corporation (SMDC), proudly earned the distinction of being among the
11 Jul
2024
SM Prime, DTI empower MSMEs with 83 SM Mall Spaces, Training, and Mentorship
Good news for Micro-, Small, and Medium-Sized Enterprises (MSMEs)! SM Prime Holdings (SM Prime) and the Department of Trade and Industry (DTI) solidified a partnership through a Memorandum of Agreement
04 Jul
2024
SM Prime, Bureau of Fire launch Search for Ten Outstanding Firefighters
SM Prime Holdings, Inc. (SM Prime) and the Bureau of Fire Protection (BFP) reaffirmed their commitment to fire safety and protection through a Memorandum of Agreement (MOA) signing ceremony held
02 Jul
2024
Two Properties of SM Hotels and Conventions Corp. (SMHCC) Belong to the Top 10 Best Hotels in the Philippines
Two acclaimed hotel brands under SMHCC’s portfolio, Conrad Manila and Radisson Blu Hotel Cebu have both received the Travel + Leisure Luxury Awards Asia Pacific 2024 as part of the
01 Jul
2024
GYS 2024 Concludes South Luzon Leg; Leaves Youth Leaders Hopeful for A Better Future
The Global Youth Summit (GYS), held annually by SM Cares and Global Peace Foundation (GPF) to inspire youth leaders to become catalysts for change, recently concluded its South Luzon leg
26 Jun
2024
Tagaytay Highlands Unveils Transformative Vision for Modern Community Living
Tagaytay Highlands Unveils Transformative Vision for Modern Community Living Real estate experts have underscored the significance in the growing number of leisure properties integrating strategic township developments in their master
25 Jun
2024
SM Prime Lists PHP25-Billion Fixed Rate Retail Bond Series V, W, and X
(25 June 2024, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime) one of the leading integrated property developers in Southeast Asia, officially lists its latest PHP25 billion fixed rate
21 Jun
2024
SM Creates Stronger Ocean Conservation Initiatives Giving New Waves of Impact during Coastal Clean-up Projects
SM Supermalls, through its Corporate Social Responsibility arm, SM Cares, and the Department of Environment and Natural Resources (DENR), continue to drive active participation in ocean conservation with the latest
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.
