15 May
2020
SM Prime continues Servicing the Nation amid Crises
(15 May 2020, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), recorded a consolidated net income of PHP8.3 billion in the first quarter of 2020, down by 5% compared to PHP8.8
08 May
2020
SM Hotels and Conventions Corp. (SMHCC) pays tribute to the hospitality workforce and ably primes its properties through the SustainablySafe program
The novel coronavirus or COVID-19 has posed incredible and unrelenting challenges for our country. More significantly, unprecedented obstacles are being faced by essential key workers, including not only the dedicated
04 May
2020
Pico De Loro Cove: The Surprising Health Benefits Of Living By The Sea
Restful, Peaceful, Healthful How does a body regain a sense of wellness following weeks of enforced confinement? – Plenty of sunshine, salt-kissed breezes from the sea, and clear blue skies
04 May
2020
Freia Tops-off!
With its promise of relaxed and refined coastal living, the newest residential development from SM Prime’s Costa del Hamilo Inc. is more than your average holiday home – it’s a
13 Mar
2020
Message to Stakeholders in relation to COVID-19 Pandemic
Dear Stakeholders, SM Prime Holdings, Inc. (SM Prime) has always prioritized the safety of its employees, tenant partners, service providers, and customers as we fully support the preventive measures outlined
04 Mar
2020
SM Hotels and Conventions Corp. (SMHCC) elevates personalized entertainment and convenience with IPTV Solutions
Going beyond has always been SMHCC’s ideology. The company’s incessant efforts in fostering a culture of excellence is a clear testament of the company’s commitment to its bullish growth and
02 Mar
2020
SM Prime Sets Interest Rates for the First Tranche Issuance of its Fixed Rate Bonds
(28 February 2020, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime) secured SEC clearance on February 12, 2020 for the PHP100 billion shelf registration to be offered within a period of
17 Feb
2020
SM Prime’s Net Income for Full-Year 2019 Increases by 18%
(17 February 2020, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, reported an 18% growth in its consolidated net income to
07 Feb
2020
Jose Mari Banzon is the New President of SM Development Corporation (SMDC)
(06 February 2020, Pasay City Philippines)SM Prime Holdings, Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, announces the appointment of Mr. Jose Mari Banzon as President
28 Jan
2020
Steven Tan is the New President of SM Supermalls
(27 January 2020, Pasay City Philippines)SM Prime Holdings, Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, announces the appointment of Mr. Steven Tan as President of
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.
