PHILIPPINES: SM Prime registered a 15% net income growth to PHP7.79 billion in Q2 2017 from PHP6.75 billion in same period last year

Pasay City, Philippines, 2017-Aug-07 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company registered a 15% net income growth to PHP 7.79 billion in the second quarter of 2017 from PHP 6.75 billion in same period last year. This brought SM Prime’s first half’s net income to […]

SM Investments Corporation again a recipient of The Global Chinese Business 1000 Awards by Yazhou Zhoukan

Pasay City, Philippines, 2017-May-23 — /EPR Retail News/ —  Yazhou Zhoukan (YZZ), a leading Chinese business magazine awarded SM Investments Corporation (SM) for The Global Chinese Business 1000 Awards—Outstanding Performance. This marks the fifth year SM has received the award from YZZ. “We are truly honored and grateful to be recognized once again as a recipient of […]

SM Prime Holdings sets interest rates for its Peso-denominated Series G, 7-year retail bonds at 5.1683% p.a

Pasay City, Philippines, 2017-May-06 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime) has set the interest rates for its Peso-denominated Series G, 7-year retail bonds at 5.1683% p.a last May 2. SM Prime issued an aggregate principal amount of PHP15.0 billion of the Series G bonds, with an option to issue an additional […]

PHILIPPINES: SM Prime to invest at least PHP50 billion per annum to support its developmental goals

Pasay City, Philippines, 2017-Apr-27 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, plans to spend at least PHP50 billion per annum over the next two years to support its developmental goals. SM Prime allocates 80% of its capital expenditure on project developments, mostly for mall and residential […]

PHILIPPINES: SM Prime announces a recurring net income growth of 14% in 2016 vs. previous year

Pasay City, Philippines, 2017-Feb-22 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a recurring net income growth of 14% in 2016 to PHP 23.8 billion from PHP 20.9 billion last year. Consolidated revenues grew 12% to PHP 79.8 billion in 2016 from PHP 71.5 billion in […]

SM Prime named among the Top 50 Publicly Listed Companies in the ASEAN region; receives ASEAN Corporate Governance Award

Pasay City, Philippines, 2015-12-11 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, has been recognized as among the Top 50 Publicly Listed Companies in the ASEAN region. SM Prime received the distinction during the inaugural ASEAN Corporate Governance Awards held last November […]