8990 says ‘17 profit increased 16% to P4.14b

Mass housing developer 8990 Holdings Inc. said net income in 2017 rose 16 percent to P4.14 billion from P3.58 billion in 2016 on double-digit growth in revenues. 8990 Holdings said in a disclosure to the stock exchange revenues increased 10 percent to P10.1 billion,...

8990 signs deal to sell receivables worth P2.8b

Mass housing builder 8990 Holdings Inc. said it sold P2.8 billion worth of receivables to Dearborn Resources and Holdings Inc. 8990 Holdings said in a disclosure to the stock exchange it signed an agreement with DRHI to sell and transfer in-house contracts to sell, or...

8990 sees P2-b sales from 2nd Cebu condo

Mass housing developer 8990 Holdings Inc. expects to raise P2 billion in sales from a newly launched mid-rise condominium complex in Tisa, Cebu. The Urban Deca Homes Tisa 2 will consist of 21 four-story buildings offering a total of 1,392 units and targeting the...