Monday 11 December
Powered by Ajaxy
Nov 30, 2017 @ 19:27

Cebu Landmasters gives bullish 2018 earnings guidance

 

Soberano-led Cebu Landmasters Inc. sees its net earnings growing 42 percent next year to P1.7 billion on the back of strong real estate sales.

Revenues, meanwhile, are projected to jump two-thirds to P5.3 billion on strong demand for housing projects.

The company is set to launch 20 new projects, which include residential subdivisions and condominiums, offices, industrial park, hotel and a central business district in Cebu, Bacolod, Iloilo, Davao and Cagayan de Oro.

It has 46 projects under construction.

By 2020, CLI is targeting a net income of P3.5 billion on revenues of P10 billion.

Tags: , , , , , , , , , , , , , ,

Related Stories
Soberano family-led Cebu Landmasters Inc. is set to introduce a hip and modern 153-room serviced
Soberano-led Cebu Landmasters Inc. grew its net income by more than two-fold in the nine
Soberano-led Cebu Landmasters Inc. has acquired a 4.6 hectare property in Bogo, Cebu, which it
The Soberano family-led Cebu Landmasters Inc.(CLI) finalized its initial public offering at a price of


 

Trending News

Recommended on sister sites

Copyright © 2017 Bilyonaryo - bilyonaryo.com.ph.