Deca Nation News & Updates

8990 Holdings profit doubles to P2.4-B

MANILA — Housing developer 8990 Holdings Inc. on Monday said its net income doubled to PHP2.4 billion in the first half of the year on the back of robust demand for affordable homes.

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Megawide eyes new contracts worth P24-B this year

MANILA — Diversified engineering and infrastructure conglomerate Megawide Construction Corp. targets to secure PHP24 billion worth of new contracts this year, optimistic about its continued business expansion, driven by the country’s economic growth and infrastructure development push.

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8990 upbeat on condo projects in Tondo

Leading housing developer 8990 Holdings has reported brisk sales of residential condominium units in Tondo, Manila,—its largest development in the metropolis—as condominium living starts to appeal to the mass market.

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8990 Holdings earns P1 B

Mass housing developer 8990 Holdings, Inc. reported that its net income jumped 37 percent to P1.0 billion in the first quarter of 2018 from to the P736 million reported in the same period last year.

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8990 Q1 net income jumps by 37%

Leading mass housing developer 8990 Holdings posted a 37-percent year-on-year growth in first quarter net profit to P1 billion on higher real estate sales and better-than-targeted margins.

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8990 Q1 profit hits P1B

EARNINGS of 8990 Holdings, Inc. grew by more than a third in the first quarter of 2018, fueled by the delivery of more housing projects across the country.

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