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Cebu Landmasters Q1 earnings rise 17%

CEBU Landmasters, Inc. (CLI) reported a double-digit increase in earnings for the first three months of 2018, driven by higher revenues due to the construction progress of its projects. In a statement issued Wednesday, the Cebu-based property developer said net income improved by 17% to P498.7 million in the first quarter, supported by a 14% […] The post Cebu Landmasters Q1 earnings rise 17% appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineMay 16th, 2018

Cebu Landmasters targets 42% profit rise in 2018

By Arra B. Francia, Reporter CEBU Landmasters, Inc. (CLI) is aiming to grow earnings by as much as 42% in 2018, to be driven by robust sales and the completion of ongoing projects in the Visayas and Mindanao region. The Cebu-based real estate developer set a net income target of P1.7 billion next year, against […] The post Cebu Landmasters targets 42% profit rise in 2018 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsNov 28th, 2017

Yusons, Cebu Landmasters to establish Davao CBD

MANILA, Philippines — A modern, state-of-the-art central district will soon rise from what used to be the Matina Golf Club in Davao City......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2018

Cebu Landmasters upbeat on 2018 earnings

Property developer Cebu Landmasters Inc. (CLI) expects to post P1.7 billion in net profit next year, 41.7 percent higher than the projected bottom-line this year, on robust revenues from its pipeline of residential projects. CLI also plans to debut on the local bond market early next year, to raise fresh funds for expansion. The company has obtained approval from its board to file for up to P10 billion in bond offering for shelf registration, the first tranche of which is expected to amount to around P3 billion. This year, CLI's net profit is expected to exceed the P1.2 billion full-year goal on the back of P3.6 billion in projected revenues, CLI senior vice president Franco ...Keep on reading: Cebu Landmasters upbeat on 2018 earnings.....»»

Category: newsSource:  inquirerRelated NewsNov 29th, 2017

Cebu Landmasters Grows Q3 Profit by 105%, On Track to Surpass P1.2-B Target for 2017

Homegrown property developer Cebu Landmasters Inc. (CLI) is on track to surpass the P1.2-billion net income year-end target as it grew its third-quarter 2017 profit by 105% on the back of record real estate earnings.... The post Cebu Landmasters Grows Q3 Profit by 105%, On Track to Surpass P1.2-B Target for 2017 appeared first on MetroCebu News......»»

Category: newsSource:  metrocebuRelated NewsNov 9th, 2017

GERI, Cebu Landmasters post higher income

MANILA, Philippines — Two property companies reported  a big jump in their earnings in the first nine months......»»

Category: financeSource:  philstarRelated NewsNov 6th, 2017

Cebu Landmasters on track to hit P1.7-billion income target

Cebu Landmasters Inc. is on track to hit its net income target of P1.7 billion for the year as it continues to benefit from strong demand for its various housing projects, the property firm said......»»

Category: financeSource:  philstarRelated News6 hr. 7 min. ago

Never Leave the House Without These Important Hygienic Items

In today’s busy world, we often forget to bring items that would protect us from the polluted surroundings, specifically here in Cebu, now that development in the main cities is rampant and our auto industry is on the rise. The world we live in now is undoubtedly polluted, and these important hygienic items will help […].....»»

Category: newsSource:  metrocebuRelated NewsMay 22nd, 2018

Cebu airport drives Megawide earnings higher

MEGAWIDE Construction Corp. delivered an 8% improvement in its attributable profit for the first three months of 2018, driven by the double-digit top-line growth from its airport business which offset the seasonally slow construction segment. In a regulatory filing, the listed firm reported a net income attributable to the parent of P475.29 million, higher than […] The post Cebu airport drives Megawide earnings higher appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 22nd, 2018

Megawide nets P475M

Engineering and infrastructure group Megawide Construction Corp. grew its attributable first quarter net profit by 8 percent year-on-year to P475.29 million, driven by in increased contribution by its Cebu airport operation business. Including net income attributable to non-controlling interest, Megawide's first quarter net profit rose by 16 percent year-on-year to P635.8 million. The airport business segment now contributes 62 percent of consolidated net earnings while the construction business segment accounts for 38 percent. Consolidated revenues amounted to P4.4 billion, with the construction business contributing 84 percent to total, while the airport accounted for the ...Keep on reading: Megawide nets P475M.....»»

Category: newsSource:  inquirerRelated NewsMay 21st, 2018

NLEX earnings rise 20% in Q1

Metro Pacific Investments Corp. (MPIC) unit NLEX Corp. saw its net profit rise 20 percent in the first quarter from a year ago, driven by higher revenues from North Luzon Expressway (NLEX) and Subic-Clark-Tarlac Expressway (SCTEX)......»»

Category: financeSource:  philstarRelated NewsMay 19th, 2018

Cebu Landmasters Establishing Leadership in VisMin, Based on Santos Knight Frank Study

Listed developer Cebu Landmasters Inc. (CLI) continues to top property market in the Visayas and Mindanao as it aggressively pursues expansion of its footprint in the region. CLI is the leading local housing developer in VisMin, for both horizontal and vertical developments, according to Santos Knight Frank’s 2017 study on the VisMin property sector covering […].....»»

Category: newsSource:  metrocebuRelated NewsMay 17th, 2018

PLDT net earnings rise 39% to P6.9 billion

It was a good start for PLDT Inc. this year as it saw net earnings rise by 39 percent in the first quarter from a year ago amid higher revenues and stabilizing wireless business......»»

Category: financeSource:  philstarRelated NewsMay 10th, 2018

DNL Q1 profit driven by non-food business

D&L INDUSTRIES, Inc. (DNL) posted a double-digit growth in earnings in the first three months of the year on the strength of its non-food business units. The listed food and chemicals manufacturer chalked up a 12.3% rise in net income to P744 million in the first quarter of 2018 from P663 million a year ago, […] The post DNL Q1 profit driven by non-food business appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 3rd, 2018

D& L posts 12% profit growth in first quarter

D&L Industries, Inc. posted a double-digit growth in earnings in the first three months of the year. The listed food and chemicals manufacturer said in a disclosure on Thursday, May 3, it chalked up a 12.3% rise in net income to P744 million in the first quarter of 2018 from P663 million a year ago. […] The post D&L posts 12% profit growth in first quarter appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 3rd, 2018

Philippine Business Bank books higher Q1 net income on growth across sectors

PHILIPPINE Business Bank (PBB) saw its net income rise in the first quarter of the year on the back of improved earnings across its business segments. In a statement to the local bourse on Thursday, the Yao-led PBB said it booked a net income of P181.3 million in the January-March period, 13.5% higher than the […] The post Philippine Business Bank books higher Q1 net income on growth across sectors appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 27th, 2018

Asia stocks supported by Wall St, but China drags

TOKYO — Asian stocks were supported on Thursday by robust corporate earnings that helped Wall Street quell concerns about the surge in U.S. bond yields. However, sagging Chinese shares limited the upside potential of the market. Spreadbetters expected European stocks to open higher off the back of firm U.S. stocks, pointing to a rise in […] The post Asia stocks supported by Wall St, but China drags appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 26th, 2018

Cebu Landmasters plans maiden P5-B notes issues

Cebu Landmasters Inc. is tapping the bond market for the first time with the planned issuance of P5 billion worth of corporate notes......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2018

CLI to issue P5 billion in corporate notes

CEBU Landmasters, Inc. (CLI) will be issuing P5 billion worth of corporate notes this year to partially finance its projects in Cebu and Davao. In a statement issued Tuesday, local debt watcher Philippine Ratings Services Corp. (PhilRatings) said it has assigned CLI a PRS Aa rating, the second highest in its credit rating scale. This […] The post CLI to issue P5 billion in corporate notes appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 25th, 2018

RFM earnings up 7% in first quarter

RFM Corp. reported a seven percent rise in net income to P211 million in the first quarter on the back of higher sales......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2018

Cebu Landmasters bringing in new hotel

Cebu Landmasters Inc (CLI) has signed an agreement with the Radisson Hotel Group to bring Radisson RED Hotel to the Philippines, with a target to open it in the fourth quarter of 2021......»»

Category: financeSource:  philstarRelated NewsApr 21st, 2018