Vista Land generated revenue of P35.2 billion last year, an 18 percent increase year-on-year.
Real estate revenue jumped by 19 percent to P15.2 billion, while rental income for the year reached P16 billion.
Vista Land said it demonstrated significant improvement in its residential gross profit margin, achieving a gain of over 320 basis points to reach 60 percent.
"Our 2023 results showed our optimism in the real estate industry," Vista Land chairman Manuel Villar Jr. said.
Villar said the company has launched 34 projects with an estimated project value of about P50.7 billion as of end 2023.
He said these launches were key to reservation sales reaching about P72 billion.
Bu hikaye The Philippine Star dergisinin April 17, 2024 sayısından alınmıştır.
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Bu hikaye The Philippine Star dergisinin April 17, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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