Sm Development Corp News Today

SM Prime Holdings Inc. earned P10.5 billion in the first quarter on the back of a modest topline improvement, 11 percent higher from a year earlier and extending its growth momentum from 2023.

SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, brought to life the companys long running commitment to sustainability with the internal launch of its #SMWasteFreeFuture program.

SM Investments Corp. (SMIC), the holding firm of the Sy family, said it is setting aside as much as P120 billion for its capital expenditures (capex) this year, 50 percent higher than the previous year’s P80 billion. Franklin Gomez, the company’s senior vice president for finance, said the capex excludes…

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The SM Group sees potential for regional development and targeted high growth sectors aligned with its commitment to foster sustainable economic advancement in communities outside of the city center.

TOP property developer SM Development Corp. (SMDC) is expecting to sell out its rising upscale waterfront development called the Sands Residences by end of this year on the back of renewed interest of homebuyers and investors in real estate, said a ranking official. “Researchers like Colliers, Lee Chiu, etc. provide…

Shopping mall operator SM Prime Holdings Inc. said its income in 2023 grew 33 percent to P40 billion from the previous year’s P30.1 billion. Consolidated revenues came in at P128.1 billion, some 21 percent higher than last year’s P105.8 billion. Consolidated operating income grew by 24 percent to P61.3 billion…

SM Prime Holdings Inc. (SMPH) is looking at up to P100 billion for its capital expenditure (capex) program this year.

SM Development Corp. (SMDC) recently initiated the groundbreaking ceremony for Jade Residences, its sixth residential condominium project in Makati City. “We keep on developing here because we are happy with the performance of our residential projects in Makati,” President of SMDC Jose Mari Banzon said on Wednesday, January 17, 2024,…

SM Development Corp. (SMDC) made a significant step forward in redefining the residential landscape of Makati City with the ground breaking event of Jade Residences along the dynamic stretch of Chino Roces Avenue. Key executives, esteemed partners and officials from the local government attended the momentous ceremony.