8990 Holdings H1 profit up 18%

Mass housing developer 8990 Holdings Inc. is optimistic of exceeding its revenue target of PHP13.5 billion this year after its net income surged by 18 percent in the first half. “I think we will even surpass that based on the sales tempo, it’s really doing well,”...

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...