17/11/2022
During the ongoing 9M 2022 Investors’ and Analysts’ Briefing, leading developer in VisMin Cebu Landmasters Inc. (CLI) disclosed the company’s sustained growth momentum for the first nine months in 2022 resulting in a 43% year-on-year surge in revenues to Php10.96 billion driven by fast economic recovery in the region. Over the same period, normalized net income to parent increased to Php2.2 billion or 34% more year-on-year from nine-month 2021’s Php1.64 billion, the remainder after tax adjustments for the year were factored out.