SM Prime Holdings Inc. will open its 28th mall, SM City Bacolod tomorrow, the company said in a statement. The Bacolod mall is SM Prime’s third shopping center in the Visayas and its first mall to open this year. SM Prime said SM City Bacolod has a gross floor area of 59,023 square meters divided between two buildings that will house an SM Department Store, SM Hypermarket, a food court and four cinemas.

SM Prime Holdings, Inc., is set to open a new mall in Bacolod City on March 2. The mall, named SM City Bacolod, has a gross floor area of 59,023 square meters spread across two buildings, and is located in the city’s reclamation area. It will be the company’s 28th mall nationwide and its third mall in the Visayas after Iloilo and Cebu. SM Prime Holdings President Hans Sy said Bacolod was an attractive spot for a mall.

SM Prime Holdings, Inc., is set to open a new mall in Bacolod City on March 2.  The mall, named SM City Bacolod, has a gross floor area of 59,023

Mall magnate Henry Sy has donated seven school buildings worth P5.25 million to the government through the Department of Education.

THE Western Visayas region will have its own version of the iconic Mall of Asia when SM City Bacolod opens its doors to the public on Friday, March 2. It is SM Prime Holdings’ 28th supermall and will serve customers in this dynamic hub of trade, education and government services in Negros Occidental.

SM Prime Holdings Inc., the country’s largest shopping mall operator, said its net profit rose 10 percent last year to P5.45 billion on the back of a 21-percent growth in revenues.

SM Prime Holdings Inc. (SM Prime) reported a net income of P5.45 billion last year, up 10 percent from 2005, the company said Wednesday. Its operating revenues grew 21 percent at P13.2 billion in the same comparable period.

SM Prime Holdings Inc., the largest Philippine shopping mall operator, had its share-price target raised 16 percent by Macquarie Securities Ltd. on prospects for faster profit growth.

SM Prime Holdings, Inc. reported a 10 percent growth in its 2006 net income to P5.45 billion, as operating revenues rose 21 percent to P13.2 billion over that of the previous year.

Strong revenues and the opening of new malls boosted SM Prime Holdings, Inc.’s net income by 10% last year to P5.45 billion.