- SM Prime’s net income for the second quarter reached 12.8 billion pesos, marking a 10% increase year-over-year.
- The company’s revenue for the same period was 35.3 billion pesos, up by 3.8% compared to the previous year.
- In the first half of the year, net income hit a record 24.5 billion pesos, while revenue was 68 billion pesos, reflecting a 5.1% growth year-over-year.
- SM Prime’s capital expenditures for the first half of 2025 stood at 37.3 billion pesos, with the company on track to achieve its 100 billion pesos capex target for the year.
- The increase in profit was primarily driven by higher rental income, real estate sales, and ancillary revenues.
- Revenue breakdown: rental income contributed 60%, real estate sales 29%, and the remaining 11% came from other sources like cinemas and amusement.
- First-half EBITDA improved by 10% to 41.6 billion pesos, and operating income rose 11% to 34.4 billion pesos.
- Redevelopment and new attractions at Mall of Asia significantly enhanced foot traffic and tenant sales, according to SM Prime’s President.
- Robust consumer activity, lower interest rates, and a recovering retail and tourism sector have bolstered business performance.
- The company anticipates that strong consumer sentiment will continue to drive demand, supported by a well-paced capex plan focused on impactful developments.
- SM Prime’s shares have been rated 19 buys, 2 holds, and 0 sells by analysts.
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A look at Sm Prime Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
SM Prime Holdings Inc. is poised for a promising long-term outlook, according to the Smartkarma Smart Scores. The company garnered a moderate score in terms of value, showing stability in its current valuation. While its dividend score is slightly lower, suggesting room for improvement, SM Prime Holdings shines in growth potential with a strong score of 4, indicating positive prospects for expansion. Moreover, the company demonstrates resilience in the face of challenges, scoring well in this aspect. With a steady momentum, SM Prime Holdings is poised to capitalize on opportunities for growth in the future.
SM Prime Holdings Inc. is a diverse company excelling in various sectors including residential property, shopping malls, offices, hotels, and convention centers. With a solid foundation in place, the company’s future outlook appears bright with a focus on sustainable growth and adaptability. Leveraging its strengths in growth and resilience, SM Prime Holdings is well-positioned to navigate market fluctuations while seizing opportunities for further development and expansion in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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