08 Oct
2010
SM Prime Signs Lease Contract for Cebu Property
(08 October 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) announced that it has entered into a lease contract with Everjust Realty Development Corporation for a 46,296 square
30 Sep
2010
SM Prime to Open SM City San Pablo
(30 September 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) is set to open SM City San Pablo on Friday, 01 October 2010, its 38th shopping mall in
08 Sep
2010
SM Prime Wins Best Practices Award
(07 September 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, recently won the Emerging Markets Highly Commended award from the Singapore-based
04 Aug
2010
SM Prime Second Quarter 2010 Net Income Rises 11% to Php1.9 Billion
(03 August 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator posted an 11% increase in net income in the second
29 Apr
2010
SM Prime to Open SM City Tarlac
(29 April 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is set to open SM City Tarlac on Friday, 30 April
28 Apr
2010
SM Prime First Quarter 2010 Earnings Up 10%
(27 April 2010. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator reported a 10% increase in its consolidated net income to
02 Feb
2010
SM Prime full year 2009 net income rises 10% to Php7.0 billion
(18 February 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, reported a consolidated net income of Php7.0 billion from January
18 Nov
2009
SM Prime to Open SM City Rosario in Cavite
(18 November 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) is set to open SM City Rosario on Friday, 20 November 2009, its 36th shopping mall in the
09 Nov
2009
SM Prime Jan to Sep 09 Net Income Up 8% to Php5.1 Billion
(09 November 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ largest shopping mall developer and operator, realized a consolidated net income of Php5.1 billion in January to September 2009,
30 Sep
2009
SM Prime to Open SM Center Las Piñas
(30 September 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) is set to open SM Center Las Piñas on Friday, 02 October 2009 its 35th shopping mall in
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.
