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.
06 Nov
2017
Manila Bulletin: SM Prime posts strong profit growth to P20 B
SM Prime Holdings Inc., the Philippines’ leading integrated property company, reported a 15 percent increase in net income in the first nine months of 2017 to P20.05 billion from P17.45
06 Nov
2017
Rappler: SM Prime income surges 16% on steady mall rental, residential sales
SM Prime attributes revenue growth to higher rental revenues, steady improvement in same-mall-sales, and higher contribution from residential sales Read more: https://www.rappler.com/business/187546-sm-prime-net-income-q3-2017
06 Nov
2017
GMA News: SM Prime says net income increased by 16% in third quarter
SM Prime Holdings Inc. said on Monday net income grew by 16 percent to P5.66 billion in the third quarter of the year, from P4.86 billion a year earlier. Read
06 Nov
2017
Business Mirror: SM Prime net income grew 15% in 9 months
PUTTING up more shopping malls bumped up by 15 percent the net income of SM Prime Holdings Inc. (SMPH) for the January-to-September period. Read more: https://businessmirror.com.ph/sm-prime-net-income-grew-15-in-9-months/
06 Nov
2017
ABS-CBN News: SM Prime’s net income up 16 pct in third quarter
MANILA – SM Prime Holdings posted a net income of P5.66 billion in the third quarter, up 16 percent from P4.86 billion in the same period last year. Read more: http://news.abs-cbn.com/business/11/06/17/sm-primes-net-income-up-16-pct…
06 Nov
2017
Manila Standard: SM Prime earned P20b in 9 months
Property developer SM Prime Holdings Inc. said Monday third-quarter net income climbed 16 percent to P5.66 billion from the same period last year, boosted by strong revenues from residential and
03 Nov
2017
GMA News: SMDC banks on BPO sector to boost revenue
SM Development Corp. (SMDC) is banking on the business process outsourcing (BPO) sector for a revenue boost in the next two years. Read more: http://www.gmanetwork.com/news/money/companies/630969/smdc-banks-on-bpo-…
31 Oct
2017
Business Mirror: SM claims new malls ‘environment-friendly’
SHOPPING mall operator SM Prime Holdings Corp. said its newly opened malls in Palawan and Cagayan already use energy-efficient measures as the company tries to bring down its carbon footprint.
30 Oct
2017
Malaya: Cost-efficient, energy-saving
30 Oct
2017
Business World: SMDC plans to expand Las Piñas mixed-use project
SM Development Corp. (SMDC) plans to add up to four towers to its mixed-use complex in Las Piñas City in the next few years, following the brisk take-up of its