One of the leading integrated property developers in Southeast Asia
One of the largest listed real estate developers on the PSE by market capitalization and net income
Consistently cited for excellence in corporate governance, property development, environmental consciousness, and investor relations programs
Market Capitalization
US$14.55bn
PSE Stock Symbol
SMPH
Market Capitalization
PHP843.27bn
(August 2, 2024)
Outstanding Shares
28,879mn
Last Traded Price
Php29.20/share
(August 2, 2024)
30-Day Average Volume
9.14mn
1H 2024 Financial Highlights
Consolidated net income grew by 13% to PHP22.07 billion in 1H2024, from PHP19.44 billion in 1H2023; 16% growth to PHP11.60 billion in 2Q2024 from PHP10.00 in 2Q2023.
Consolidated revenues registered 8% to PHP64.69 billion in 1H2024 from PHP59.85 billion in 1H2023; 9% growth to PHP33.97 billion in 2Q2024 from PHP31.22 billion in 2Q2023.
Revenue Contribution: Malls Business accounts for 58%, Residential Business accounts for 31%, Other Business Segments account for 11%.
Overall malls revenues grew to PHP37.48 billion, 8% higher than PHP34.61 billion in 1H 2023.
Primary residential business registered PHP10.41 billion in revenues in 2Q2024, 23% higher than PHP8.48 billion in the previous quarter. This brought primary residential business unit's revenue to PHP18.87 billion in the first half of 2024, up by 8% from PHP17.56 billion in the first half of the previous year.
SM Prime's offices, hotels and convention centers business segments posted PHP7.02 billion in revenues in
1H2024, 13% increase from PHP6.23 billion in 1H2023.
Sustainability
Sustainability Council
Net-Zero Ambition Action Plan
Sustainability Framework
Our Materiality Approach
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SM Prime Holdings, Inc. is a Philippines-based integrated property developer, which is engaged in the development of malls, residences, offices, hotels and convention centers. The Company has approximately 85 malls in Philippines and eight shopping malls in China, totaling 10.8 million square meters of Gross Floor Area (GFA). In the Philippines, the Company has a total of approximately 20,615 tenants and 2,183 tenants in China. The Mall segment develops, conducts, operates and maintains the business of modern commercial shopping centers and all businesses related thereto. Residential and commercial segments are involved in the development and transformation of residential, commercial, entertainment and tourism districts through sustained capital investments in buildings and infrastructure. The Hotels and Convention Centers segment is engaged in and carries on the business of hotel and convention centers and operates and maintains all services and facilities incident thereto.
SM PRIME HOLDINGS, INC. 
