17/08/2021
Cebu Landmasters Inc (CLI) announced it is set to surpass its growth targets for the year as the company’s 2021 H1 net income to parent surges by 66% year-on-year from Php 792 million to Php 1.32 billion.
The significant increase in profit was driven by exceptional revenue growth derived from real estate sales that include a range of housing developments particularly its economic brand Casa Mira that posted the highest growth of 206% year-on-year propelled by solid sales and increase in construction progress.
Read the story from MANILA BULLETIN
Cebu Landmasters Inc. (CLI) reported a 66 percent jump in attributable net income to P1.32 billion in the first half of 2021 from the P792 million earned in the same period last year. In a statement, the VisMin developer said the first semester results show that it is set to surpass its growth targe...
