SM Prime Archives - Inside Retail Philippines
SM Prime Holdings has opened its first mall in Eastern Visayas, SM Center Ormoc.
SM Prime Holdings expects capital expenditure to reach about PHP75 billion (US$1.4 billion) this year – up 15 per cent.
Rental revenues from mall expansions and improved same-mall sales have boosted income for SM Prime Holdings.
SM Prime Holdings is opening two more shopping malls in the Philippines before year’s end to take its total outlets to 66.
Second-quarter net income grew 15 per cent to PHP7.79 billion for SM Prime Holdings.
SM Prime Holdings opens SM Cherry Antipolo today, the 63rd SM Prime Mall in the Philippines.
SM Prime Holdings has become the first Philippine company to reach PHP1 trillion in market capitalisation.
For the fifth year, SM China has received an outstanding business performance award.
SM Prime Holdings is on course to reach its target of 75 malls nationwide, says president Jeffrey Lim.
SM Prime Southeast Asian expansion plans are imminent, judging by a chance interview with the company’s chairman.
Continuing mall expansion helped drive a 14 per cent rise in SM Prime Holdings’ net profit last year.
SM Prime Holdings aims to open four shopping malls in the Philippines this year.