SM Prime Holdings Inc - Company Profile
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SM Prime Holdings Inc (SMPH) is a property developer and operator of malls, residential buildings, office buildings and hotels. Business performance of Mall segment, cash position, and property portfolio are key strengths of the company, even as increase in debt remains a cause for concern. Positive outlook for construction industry in Philippines, positive outlook for Philippines T&T Industry, and growth initiatives could provide new opportunities to the company. However, increase minimum wages in Philippines, regulations, and cost overruns could affect the company’s performance.
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