8990 Holdings Q1 income up

Leading mass housing developer 8990 Holdings grew net profit in the first quarter by 17 percent year-on-year to P1.18 billion as residential condominium projects in Metro Manila started to contribute significantly to total revenues. Revenues grew by 20 percent...

8990 profit jumps 17% in January-March

8990 HOLDINGS, Inc. booked a 17% increase in net income in the first quarter of 2019, driven by sales of its housing projects in the National Capital Region (NCR), Iloilo, and South Luzon. In a disclosure to the stock exchange on Tuesday, the listed mass housing...

8990 Holdings nets P1.18B in Q1

MANILA, Philippines – Leading mass housing developer 8990 Holdings grew its net profit in the first quarter by 17 percent year-on-year to P1.18 billion as its residential condominium projects in Metro Manila started to contribute a big bulk of the revenues. Revenues...

8990’s 2018 income up 13% to P4.67B

LISTED 8990 Holdings Inc. reported on Wednesday its consolidated net income climbed by 13 percent to P4.67 billion last year from P4.14 billion in 2017. In a disclosure, the mass-housing developer said consolidated revenues jumped by 15 percent to P11.74 billion in...
Betting big on Tondo

Betting big on Tondo

A property developer’s presence in a certain locale can be quite significant. In most cases, such massive property projects can breathe new life into these towns, municipalities and even cities, generating fresh jobs and a new source of income for the local...