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8990 Q1 profit hits P1B

EARNINGS of 8990 Holdings, Inc. grew by more than a third in the first quarter of 2018, fueled by the delivery of more housing projects across the country. In a statement issued Wednesday, the mass housing developer said net income reached P1 billion in the quarter, 37% higher than the P736 million it realized in […] The post 8990 Q1 profit hits P1B appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineMay 16th, 2018

8990 Holdings to Launch 7 Projects; Profit Hits Php2.18B in H1

Leading mass housing developer 8990 Holdings Inc. will launch this third quarter seven more projects worth Php1.25 billion after its profit surged amid rising housing demand on the back of the country’s booming economy. Its...The post 8990 Holdings .....»»

Category: newsSource:  metrocebuRelated NewsJul 26th, 2016

DoubleDragon hits P1.26B net profit in H1 of 2018

PROPERTY firm DoubleDragon Properties Corp. reported that its Consolidated Net Income figure for the first half of 2018 reached Php 1.26 Billion, an increase of 234.2% compared to only Php 376.40 million during the same period last year. Recurring revenues now accounts for 39.0% for the first half of 2018 vs. only 29.0% during the […] The post DoubleDragon hits P1.26B net profit in H1 of 2018 appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsAug 19th, 2018

8990 doubles profit to P2.4 B in H1

Publicly listed affordable housing developer 8990 Holdings Inc. recorded its most productive semester thus far as revenue and profit surged to record levels......»»

Category: financeSource:  philstarRelated NewsAug 19th, 2018

DMCI profit hits P5 billion in Q2

DMCI Holdings, Inc. registered a net income of P5 billion in the second quarter, up by nearly 39% compared with the P3.6 billion posted a year ago, with most of its business segments performing well except for the power business. The post DMCI profit hits P5 billion in Q2 appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsAug 14th, 2018

LTG’s Q2 attributable profit hits P5.3B

LT GROUP, Inc. (LTG) more than doubled its attributable profit during the second quarter of 2018, driven primarily by its banking unit’s sale of acquired properties alongside the stabilization of its tobacco business. The post LTG’s Q2 attributable profit hits P5.3B appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 13th, 2018

China Bank profit hits P3.6B

Sy family-led China Bank Corp. posted P3.6 billion in net profit in the first half, unchanged from a year ago, on reduced reliance on securities trading. Six-month core or recurring operating incom.....»»

Category: newsSource:  philippinetimesRelated NewsAug 3rd, 2018

8990 seen to net P4.31B

8990's affordable housing units Leading mass housing developer 8990 Holdings expects to sustain a net profit of over P4 billion this year and sell more housing receivables to free up more fund.....»»

Category: newsSource:  philippinetimesRelated NewsMay 21st, 2018

8990 sets P4.3-B profit target

By Arra B. Francia, Reporter MASS HOUSING developer 8990 Holdings, Inc. is aiming to net around P4.31 billion in 2018, banking on the launch of its P35-billion mid-rise condominium project along Ortigas Extension. The target net income is based on a 37.5% margin from 8990 Holdings’ projected revenue of P11.5 billion for the year. This […] The post 8990 sets P4.3-B profit target appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 20th, 2018

8990 Q1 net income jumps by 37%

Leading mass housing developer 8990 Holdings posted a 37-percent year-on-year growth in first quarter net profit to P1 billion on higher real estate sales and better-than-targeted margins. 8990 dis.....»»

Category: newsSource:  philippinetimesRelated NewsMay 17th, 2018

SM Prime profit hits P7.6B on mall splurge

Property giant SM Prime Holdings grew its net profit in the first quarter by 15 percent year-on-year to P7.6 billion as shopping mall and residential development pumped up revenues. Driven by the e.....»»

Category: newsSource:  philippinetimesRelated NewsMay 8th, 2018

Anchor Land net profit hits P620M

ANCHOR Land Holdings, Inc. reported an 11% increase in profit in 2017, driven by higher real estate sales and increased rental income. In a regulatory filing, Anchor Land said its net income stood at P620.05 million as of end-2017, compared to the previous year’s P559.76 million. The property developer’s revenues jumped 25% to P6.01 billion […] The post Anchor Land net profit hits P620M appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 2nd, 2018

8990 Holdings posts double-digit income growth in 2017

8990 HOLDINGS, Inc. delivered a double-digit growth in profit last year on the back of higher revenues and improved margins. In a disclosure to the stock exchange, the mass housing developer reported that consolidated net income grew 16% year on year to P4.14 billion from the P3.58 billion in 2016. The real estate firm managed […] The post 8990 Holdings posts double-digit income growth in 2017 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 2nd, 2018

GT Capital core profit hits P15 billion in 2017

By Krista Angela M. Montealegre, National Correspondent GT Capital Holdings, Inc. delivered higher core earnings last year driven by its automotive, banking and infrastructure businesses. The holding firm of tycoon George S.K. Ty, the country’s sixth richest man, said in a disclosure to the stock exchange on Wednesday GT Capital saw a 29% rise in […] The post GT Capital core profit hits P15 billion in 2017 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 29th, 2018

ATI net profit hits P2.5 billion in 2017

ASIAN TERMINALS, Inc. (ATI) on Monday reported its net income rose 31% in 2017, driven by record cargo volumes handled at its international ports in Manila and Batangas. In a statement, the listed port operator said its profit surged to P2.5 billion in 2017, from P1.9 billion in the previous year. The company said revenues […] The post ATI net profit hits P2.5 billion in 2017 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 6th, 2018

WATCH | Twitter hits a cultural sweet spot in Japan

Twitter finally turned its first quarterly profit, and part of that has to do with its success in Japan......»»

Category: newsSource:  interaksyonRelated NewsMar 5th, 2018

SMIC profit hits P32.9 B

MANILA, Philippines — SM Investments Corp......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2018

SM Investments& rsquo; profit hits P23.8b

SM Investments& rsquo; profit hits P23.8b.....»»

Category: financeSource:  thestandardRelated NewsNov 8th, 2017

Alliance Global profit hits P10.1 B

MANILA, Philippines - Alliance Global Group Inc......»»

Category: financeSource:  philstarRelated NewsAug 14th, 2017

8990 registers 44% profit drop to P1.2b

8990 registers 44% profit drop to P1.2b.....»»

Category: financeSource:  thestandardRelated NewsAug 1st, 2017

Corporate News: 8990 Q2 profit falls on permit delays

EARNINGS of 8990 Holdings, Inc. fell 58% in the second quarter as the mass housing developer continued to experience delays in securing permit for new projects......»»

Category: financeSource:  bworldonlineRelated NewsAug 1st, 2017