Facebook Pixel Ovialand targets almost double profit growth | Business World Philippines - newspaper - Read this story on Magzter.com

Try GOLD - Free

Ovialand targets almost double profit growth

Business World Philippines

|

December 11, 2025

REAL ESTATE developer Ovialand, Inc. expects near-double growth in its net income this year, on the back of strong demand for its premium-affordable housing projects across Luzon, a company official said.

- Beatriz Marie D. Cruz

"Despite heavy rains, supply challenges, and a very active construction year, we continue to build and deliver," Ovialand Investor Relations and Compliance Officer Monica Ann V. Mendoza said during an event on Wednesday.

The company reported a net income of P507 million last year, she said.

MORE STORIES FROM Business World Philippines

Business World Philippines

Investment pledges expected to be ‘sluggish’ due to Iran war

SLUGGISH investment activity is expected to be one of the consequences of the fighting in the Middle East, Trade Secretary Ma. Cristina A. Roque said.

time to read

2 mins

April 08, 2026

Business World Philippines

Rockets, Suns fight for playoff position as Kevin Durant returns

KEVIN DURANT will make his belated return to Phoenix when the Houston Rockets play the host Suns on Tuesday.

time to read

2 mins

April 08, 2026

Business World Philippines

ECB must be prepared to act as inflation scars risk quickly raising expectations, policymaker says

SOFIA — Euro zone inflation expectations are at risk of rising more quickly than in the past and the European Central Bank (ECB) must be ready to raise interest rates swiftly if signs of persistent price pressures emerge, ECB policymaker Dimitar Radev said.

time to read

2 mins

April 08, 2026

Business World Philippines

Business World Philippines

Queer poetry as exploration of desire and identity

IT IS vital to explore the queer experience, no matter how intimate, according to filmmaker, film historian, and author Nick Deocampo.

time to read

2 mins

April 08, 2026

Business World Philippines

Investments granted ‘green lane’ treatment hit P6.4T at end-March

ABOUT P6.43 trillion worth of projects have been approved for expedited processing via the “green lane” certification system as of March, the Board of Investments (Bol) said on Tuesday.

time to read

1 min

April 08, 2026

Business World Philippines

Business World Philippines

International Dance Day returns to celebrate dance in Circuit

OVER 1,200 artists in different styles of dance will command the stage of the Samsung Performing Arts Theater for the 3\" iteration of the International Dance Day (IDD) Festival.

time to read

2 mins

April 08, 2026

Business World Philippines

Samsung flags eightfold jump in quarter profit

Samsung Electronics on Tuesday projected its first-quarter earnings would exceed its entire profit for last year, beating expectations as booming demand for artificial intelligence (AI) infrastructure stretched supply and drove chip prices higher.

time to read

2 mins

April 08, 2026

Business World Philippines

Negros legislator bats for 15% ethanol in gasoline

ANEGROS OCCIDENTAL legislator urged the government to increase the ethanol blend in gasoline to 15% (E15) from the current 10% (E10), citing supply security and the benefits to the domestic sugar industry.

time to read

1 mins

April 08, 2026

Business World Philippines

Crude oil settles up in choppy trade; US, Iran rhetoric heats up

Crude oil prices climbed in choppy trade on Monday, as the US and Iran ratcheted up their rhetoric even as the two countries are engaging in indirect talks that could lead to the deescalation of hostilities.

time to read

2 mins

April 08, 2026

Business World Philippines

Mead Johnson relocates Philippine headquarters to Uptown Bonifacio

MEAD JOHNSON Nutrition Philippines said it is relocating its Philippine headquarters to Uptown Eastgate in Uptown Bonifacio, Taguig, as it consolidates its local operations with Reckitt Philippines.

time to read

1 mins

April 08, 2026

Listen

Translate

Share

-
+

Change font size