SM 2018 Net Income Up 13% to PhP37B

SM Investments Corp. (PSE: SM) reported a 13% growth in net income to PhP37.1 billion in 2018 from PhP32.9 billion in 2017. Consolidated revenues also rose by 13% to PhP449.8 billion from PhP397.9 billion the previous year. Property accounted for 41% of total earnings, with banks comprising 38% and retail 21%. “Our very good results […]
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SM Prime Net Income Up 17% in 2018

SM Prime Holdings Inc. (PSE: SMPH), one of the largest integrated property developers in Southeast Asia, registered a consolidated net income of PhP32.2 billion in 2018, up by 17% from PhP27.6 billion of the previous year. Consolidated revenues grew by 14% to PhP104.1 billion in 2018 from PhP90.9 billion in 2017, while consolidated overall operating […]
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SM Prime Net Income Up 17% in 9M18

SM Prime Holdings Inc. (PSE: SMPH), one of the largest integrated property developers in Southeast Asia, recorded a 17% increase in its consolidated net income for the first nine months of 2018 to PhP23.44 billion from PhP20.05 billion of the previous year. The consolidated revenues went up by 15% to PhP74.56 billion from PhP64.69 billion […]
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SM Prime Opens SM City Legazpi in Albay

SM Prime Holdings Inc. (PSE: SMPH), one of the largest integrated property developers in Southeast Asia, is set to open its newest mall, SM City Legazpi in Albay Province, this Friday, September 14. Dubbed as Bicol Region’s newest lifestyle destination, SM City Legazpi spans to almost 88,000 square meters (sqm) of gross floor area (GFA). […]
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PhilRatings Assigns Aaa Rating to SM Prime’s Proposed Bond Issue

The Philippine Ratings Services Corp. (PhilRatings) assigned a rating of PRS Aaa to SM Prime Holdings Inc.’s (PSE: SMPH)proposed bond issue of PhP15 billion, with an oversubscription option of PhP5 billion, for a maximum aggregate amount of PhP20 billion. The bonds are part of the company’s proposed 3-year Debt Securities Program of up to PhP60 […]
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SM Prime Opens New Mall in Batangas

SM Prime Holdings Inc. (PSE: SMPH), one of the leading integrated property companies in Southeast Asia, continues to expand in the Southern Luzon as it schedules to open its newest mall in Batangas, SM Center Lemery, this Friday, December 15. This latest mall-destination in the province will add 25,000 square meters (sqm) to SM Prime‚Äôs […]
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SM Prime Opens Fourth Mall in Bulacan

SM Prime Holdings Inc. (PSE: SMPH) continues to expand in Northern Luzon as it opens its newest mall in Bulacan, SM Center Pulilan, this Friday, December 1. Serving as the company’s 66th mall in the Philippines, this latest mall-destination adds 27,000 square meters (sqm) in gross floor area (GFA), bringing SM Prime’s total GFA to […]
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