News & Updates

8990 Holdings expects up to 41.7 percent earnings hike in 2017

8990 Holdings expects up to 41.7 percent earnings hike in 2017

Leading mass housing developer 8990 Holdings Inc. is bullish about the company’s prospects this year as it expects earnings to jump as high as 41.7 percent with the launch of 11 new projects as they adopt to a generally more stringent permits and licensing environment.
8990 CEO Januario Jesus Gregorio Atencio said the company’s net income is expected to reach as much as P5.4 billion this year or P1.59 billion higher than last year’s P3.81 billion…

8990-MEGAWIDE Ink P3.6B Condo Project in Quezon City

8990-MEGAWIDE Ink P3.6B Condo Project in Quezon City

8990 Housing Development Corporation, a subsidiary of listed mass housing giant 8990 Holdings, Inc. (HOUSE) has signed with MEGAWIDE Construction Corporation a Memorandum of Agreement to construct 8990’s new condominium project in Quezon City, the “Urban DECA Towers-Cubao”.