08 Nov

2021

SM Prime 9M21 Net Income Up by 9%; Reservation Sales Increases by 14%

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported a 9% increase in consolidated net income to PHP 15.6 billion in the first nine months of 2021 from PHP14.4 billion in the same period last year. Consolidated revenue recorded PHP56.8 billion, 6% lower from PHP60.7 billion in the same period being reviewed.

08 Nov

2021

SM Prime supports the Task Force on Climate-related Disclosures

SM Prime Holdings, Inc. (SM Prime) joins more than 2,500 organizations worldwide in supporting the Task Force on Climate-related Financial Disclosures (TCFD) and its goal of creating a more resilient financial system through better climate risk disclosures. 

03 Nov

2021

Tagaytay Highlands bares hopes for gladder tidings this Yuletide

It’s beginning to look a lot like Christmas at Tagaytay Highlands, with its homeowners getting all psyched up for the most wonderful time of the year. For one, while precautionary measures remain in place in the premier mountain resort community, it has its holiday agenda all mapped out to ensure that residents’ Yuletide celebrations will be merry and bright.

03 Nov

2021

Ten Outstanding Local Governance Units honored in Galing Pook Awards 2021

Ten outstanding local governance programs from different cities, municipalities, and provinces across the country were recognized in the 2021 Galing Pook Awards.

29 Oct

2021

SM Prime Issues Interest Rate for Retail Bond Series O

SM Prime Holdings, Inc. (SM Prime) has set the interest rate for its Peso-denominated Series O, 7-year retail bond at 5.0994 per cent due on 2028.

20 Oct

2021

SM Supermalls, ARISE Philippines and Korean Embassy celebrate International Day for Disaster Risk Reduction

SM Supermalls, in partnership with the Embassy of the Republic of Korea in the Philippines and ARISE Private Sector Alliance for Disaster Resilient Societies – Philippines, hosted a webinar last October 13 on disaster risk reduction (DRR) in celebration of the International Day for Disaster Risk Reduction.

13 Oct

2021

SM Prime to Open New Mall in Daet, Camarines Norte

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, will open SM City Daet on Friday, October 15th, its newest and first mall in the Province of Camarines Norte. This is also the Company’s third mall in the Bicol Region, which will add 47,000 square meters (sqm.) of gross floor area (GFA) in its mall portfolio.

11 Oct

2021

Pico Sands Hotel Donates Vaccines

Inspired by the spirit of unity and camaraderie in the midst of adversity, Pico de Loro Beach and Country Club and Pico Sands Hotel donated 200 doses of AstraZeneca COVID-19 vaccines to the Rural Health Unit of Nasugbu, Batangas last October 4, 2021. In the same way the properties ensure that the staff have secure and comfortable access to vaccines, they likewise endeavor to extend a helping hand to all those in need through actionable programs. Certainly, though the pandemic has posed incredible challenges, everyone remains headstrong in its wake, in part thanks to the support of loved ones and the community.

01 Oct

2021

SM Prime Targets to Minimize Operations’ Carbon Footprint Through Enhanced Sustainability Program

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, sets a new milestone in its sustainability program as the Company commits to expand its energy source portfolio gearing towards clean energy across all of its business segments over the medium term.

01 Oct

2021

Hamilo Coast Safeguards Its Marine Biodiversity

In line with its core emphasis on sustainable tourism and environmentally conscious living, Costa Del Hamilo, Inc. (CDHI), a leader in the leisure resort industry and the movers behind Hamilo Coast in Nasugbu, Batangas, recently completed a Marine Protected Area (MPA) assessment. The sites targeted were three of 12 coves in the property, established as MPAs for CDHI’s Sustainable Development Project, implemented from 2017 to 2019.

21 Feb

2018

Interaksyon.com: Mall rentals, residential sales boost SM Prime’s 2017 profit

MANILA – Property conglomerate SM Prime Holdings Inc. (SM Prime) on Monday said its profit grew 16 percent last year on the strong performance of its malls and residential businesses.

21 Feb

2018

Manila Bulletin: SM Center Imus now open to public

SM Center Imus, SM Prime Holding’s 68th mall, opened its doors to serve the public just in time for the Chinese New Year festivities last Feb. 16, Friday. It is the sixth SM Supermall to open in Cavite after SM City Bacoor, SM City Dasmarinas, SM City Rosario, SM City Molino, and SM City Trece Martires. There is also an SM Marketmall located in Dasmarinas.

20 Feb

2018

Business World: SM Prime recurring profit up 16%

NEW MALLS and sales of residential properties continued to drive SM Prime Holdings, Inc.’s earnings higher in 2017.

20 Feb

2018

Malaya: Developer’s recurring profit up 16%

SM Prime Holdings, Inc. reporteda recurring profit of P27.6 billion for 2017, a 16 percent increase from P23.8 billion the prior year.

20 Feb

2018

The Manila Times: SM Prime nets P27.6B in 2017

HENRY SY-led SM Prime Holdings, Inc. saw recurring net income grow 16 percent last year to P27.6 billion from P23.8 billion in 2016 on the back of increased sales from new malls and residential projects, underpinned by the sustained economic growth.

20 Feb

2018

The Philippine Star: SM Prime logs 16% profit growth

MANILA, Philippines — SM Prime Holdings Inc., the integrated property company of the Sy family, said its recurring net income went up by 16 percent last year to P27.6 billion from P23.8 billion a year earlier as the mall business and sales of residential units remained strong.

19 Feb

2018

Philippine Daily Inquirer: SM Prime nets P27.6B

Property giant SM Prime Holdings grew its recurring net profit last year by 16 percent to P27.6 billion on higher rental revenue from shopping malls and residential development.

19 Feb

2018

Business Mirror: SM Prime recurring net income grew 16% in 2017

SM Prime Holdings Inc. (SMPH) said it had a recurring net income growth of 16 percent in 2017 to P27.6 billion, from P23.8 billion of prior year on the back of the expansion of its main shopping mall business.

19 Feb

2018

Manila Bulletin: SM Prime posts P27.6 B recurring gains in 2017

SM Prime Holdings Inc., the Philippines’ leading integrated property company, registered a 16 percent growth in recurring net to P27.6 billion in 2017 from P23.8 billion in the prior year.

19 Feb

2018

Manila Standard: SM Prime’s income climbs 16% to P23.8b

Property developer SM Prime Holdings Inc. said recurring net income climbed 16 percent in 2017 to P27.6 billion from P23.8 billion in 2016, boosted by strong mall operations and robust take up of residential projects.

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