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Cebu Landmasters is in 15 key cities all over Visayas and Mindanao.

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May 18, 2021

CLI back on growth path, Q1 profit up 25% to P714M

Property developer Cebu Landmasters Inc. (CLI) returned to a positive earnings growth path in the first quarter, outperforming the year-ago level even as the impact of the COVID-19 pandemic had yet to be fully felt in the comparative period. CLI, a leading developer in Visayas ....

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  • May 17, 2021

    CLI posts P714-M net income

    VisMin developer Cebu Landmasters Inc. reported a 25 percent year-on-year growth in attributable net income to P714 million in the first quarter of 2021 while consolidated net income improved 12 percent to P725.2 million. In a disclosure to the Philippine Stock Exchange, the firm said ....

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  • May 4, 2021

    Cebu Landmasters enters P3-B notes facility to partially fund capex

    PROPERTY developer Cebu Landmasters, Inc. (CLI) entered a P3-billion notes facility agreement with BPI Investment Management, Inc. (BIMI) to partially fund the P12-billion capital expenditure (capex) set for the year. “We fully intend to live up to our obligations and ensure mutual value and success ....

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  • April 20, 2021

    CLI, Archdiocese of Cebu break ground for mixed-use development

    CEBU Landmasters, Inc. (CLI) and the Archdiocese of Cebu broke ground for mixed-use development Patria de Cebu at Cebu City’s heritage trail, the listed property developer disclosed to the exchange on Monday. Patria de Cebu’s groundbreaking is said to be “timed to also celebrate the ....

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  • April 8, 2021

    Cebu Landmasters expects to regain growth momentum

    Property developer Cebu Landmasters Inc. (CLI) expects to return to its 15- to 20-percent historical earnings growth track this year after the extraordinary challenges brought about by the new coronavirus disease (COVID-19) pandemic pared its earnings in 2020. CLI’s attributable net income slipped by 8 ....

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  • April 7, 2021

    Cebu Landmasters earmarks P12B for 2021 capex

    Cebu Landmasters Inc. (CLI) has allocated P12 billion for its capital expenditure this year, mainly to finance the company’s landbank expansion and doubling its gross leasable area (GLA). In a regulatory filing, CLI said the capex will be used to buy more land and complete ....

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