News & Updates

Developer Q1 profit hits P1B

8990 Holdings Inc., said profit for the first quarter of the year reached P1 billion, up 37 percent from P736 million the previous year. Revenues rreached P2.5 billion, up 57 percent from last year’s P1.59 billion, marking its strongest first quarter residential...

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. In a statement issued Wednesday, the mass housing developer said net income reached P1 billion in the quarter,...

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. 8990 disclosed to the Philippine Stock Exchange yesterday that gross revenue...

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. In a disclosure to the Philippine Stock Exchange, the firm said gross...

8990 nets P1B

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 revenues and better-than-targeted margins. Gross revenues rose by 57 percent year-on-year to P2.5 billion, posting its...

Stocks up slightly; DMCI, 8990 gain

The stock market rose marginally Friday after staying in the red for the most of the trading session, with bargain hunting boosting some second-liners. The Philippine Stock Exchange Index added 11.09 points, or 0.2 percent, to 7,546.19 on a value turnover of P6.2...