09 Jun
2023
Big Wins for the SM Prime Group at the Philippines’ Leadership Congress and Awards
SM Prime Group takes home prestigious awards at The Philippines’ Leadership Congress & Awards held on June 7, 2023 at the Dusit Thani Hotel, Makati. Awarded among the Best Employer
01 Jun
2023
SMX Convention Center Clark Celebrates First Anniversary, Marking a Successful Milestone
2023 June, Clark – SMX Convention Center Clark proudly announces the first anniversary of its grand opening, marking a successful year of hosting events in the heart of Clark in
23 May
2023
Tagaytay Highlands Stacks Up Against 2023 Real Estate Trends
In a recent PropertyGuru report, a look into the balance year of real estate shows that one of the biggest ongoing trends is a growing demand for eco-friendly and sustainable
23 May
2023
SM Prime Lists Over PHP30 Billion Retail Bonds on PDEX
(23 May, 2023, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, lists its Series S, T, and U fixed
17 May
2023
SM Prime to Open First Mall in Bataan
(17 May 2023, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, is set to open SM City Bataan, its first mall
08 May
2023
SM Prime’s 1Q2023 Net Income Increases by 27% to PHP9.4 Billion
(08 May 2022, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, registered a consolidated net income of PHP9.4 billion in January
04 May
2023
SM Prime Announces Interest Rates for Fixed Rate Retail Bond Series S, T, and U
(04 May 2023, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime) has set the interest rates for its Peso-denominated Fixed Rate Bonds Series S at 6.2069 per cent due
25 Apr
2023
SM Prime Holds Annual Stockholders’ Meeting, Announces Cash Dividends for 2023
(25 April 2023, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime)’s Board of Directors approves the declaration of cash dividends of PHP0.237 per share, amounting to PHP6.8 billion to
31 Mar
2023
SM Group receives Manila Bulletin’s UPLIFT 2023 Awards for Big Business
The SM Group was named the Manila Bulletin UPLIFT 2023 Awardee for Big Business at The Manila Hotel last March 28, 2023. The UPLIFT Awards was created in 2021 to
30 Mar
2023
SM Prime expands commercial footprint with SM Offices’ FourE-Com Center
(24 March 2023, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, expands its premium office portfolio with the launch
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.
