News & Updates
8990 Holdings launches leisure and resorts company
Top housing developer 8990 Holdings, Inc. has ventured into the leisure and hospitality industry with the recent launch of 8990 Leisure and Resorts. With PHP 5 billion worth of investments, the company is eyeing to open hotels and resorts in key destinations such as...
8990 profit hits P3.4B, eyes P20B by 2020
8990 Holdings Inc. aims to generate P20 billion in revenues by 2020 after reporting that its net income surged by 38 percent to P3.4 billion in the first nine months of 2018 from P2.45 billion in the same period last year. In a disclosure on Thursday, 8990 President...
8990 targets to reach P20-B revenues by 2020
8990 HOLDINGS, Inc. aims to generate P20 billion in revenues by 2020, driven by the completion of its mid-rise condominium project in Ortigas Extension. The listed mass housing developer said it should grow revenues by an average of 25-30% in the next two years to...
8990 income rises 38% in three quarters on higher sales
MASS-housing builder 8990 Holdings Inc. said its net income grew 38 percent during the first three quarters of the year to P3.4 billion, from last year’s P2.46 billion, as the company targets higher revenues by 2020. The company said it achieved the growth despite...
8990 Holdings sees banner year as earnings bounce back at P3.4 B
Top mass housing developer 8990 Holdings, Inc. expects this to be a banner year as it generated a record high net income of P3.4 billion in the first nine months, a 38 percent jump from the same period in 2017. In a press briefing, 8990 President and CEO Willie J. Uy...
8990 sees revenues hitting P20 billion in two years
Mass housing developer 8990 Holdings Inc. expects revenues to reach P20 billion by 2020 as the company with the launching of more projects in the next two years. 8990 Holdings investor relations officer Patricia Ilagan said in a press briefing the projects to be...