NEWS & UPDATES
We share with you regular news and updates on our company performance and the progress of our developments.
We share with you regular news and updates on our company performance and the progress of our developments.
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Listed Visayas and Mindanao property developer Cebu Landmasters Inc. (CLI) reported on Thursday a 32% increase in its first-half consolidated net income as the company reported a higher take-up of new launches. In an emailed statement, CLI said its consolidated net income grew to P2.1 billion, while its net income attributable to parent expanded by …
Continue reading “Cebu Landmasters net income up 32% in first half”
CEBU Landmasters, Inc. (CLI) has fully sold out all units in its residential development in Davao City, it said on Tuesday, calling it another “robust market absorption of projects.” In a regulatory filing, the company said all 546 studio and one-bedroom units in its P2.5-billion Mindara Residences development had been snapped up within days after …
Continue reading “Cebu Landmasters sells out Davao City residential units”
CEBU Landmasters, Inc. (CLI) has started construction of its residential development in the northern part of Cebu, the 15th project under its Casa Mira economic brand, it said on Thursday. In a disclosure to the stock market, the company said the 6.8-hectare site in Cebu’s Danao City is expected to generate about P1.97 billion in …
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LISTED Visayas-Mindanao property firm Cebu Landmaster, Inc. (CLI) targets to launch its Luzon project developments by the middle of next year, its top official said on Thursday. “Next year would be something that we can easily target, somewhere in the middle [of the year] probably,” CLI President and Chief Executive Officer Jose R. Soberano III …
Continue reading “CLI aims to launch Luzon development next year”
Leading developer in VisMin Cebu Landmasters, Inc. (CLI) started 2023 on a high note, registering a consolidated revenue growth of 33% in the year’s opening quarter to P4.78 billion from P3.58 billion. CLI’s net income to parent saw a 10% year-on-year growth, reaching P888 million, driven by the strong performance across all business units at …
CEBU Landmasters, Inc. (CLI) posted a 13.6% increase in higher reservation sales last year to P18.8 billion, with mid-market residential projects driving sales, the Visayas-Mindanao property developer said on Tuesday. In a disclosure to the stock market, the company said sales in its mid-market residential projects surged by 95% to P8.83 billion, accounting for 47% …
Continue reading “Cebu Landmasters reservation sales up 14% to P19B”
CEBU Landmasters, Inc. (CLI) has completed its P3-billion mixed-use development in Davao City which it envisions to be a lifestyle and convention destination. “We’re pleased that The Paragon Davao will be completed just as Southern Mindanao fully opens up to travel and heightened business and leisure activity,” CLI Chairman and Chief Executive Officer Jose Soberano …
Continue reading “Cebu Landmasters tops off P3-B Davao City project”
‘Age is relative’ for the game-changing 41-year-old finance chief, who’s also the first awardee from a non-conglomerate organization Cebu Landmasters Inc. (CLI) Chief Finance Officer Grant Cheng believes no one should feel at liberty to waste company resources, no matter how minute, whether it’s replacing a ballpen that has ink left or not printing on …
Continue reading “CLI’s Grant Cheng awarded as youngest ING-FINEX CFO of the Year”
Leading developer in VisMin Cebu Landmasters Inc. (CLI) further expands its growing leisure and hospitality portfolio as it introduces the 21-hectare MagsPeak Mountain Resort and Villas in Balamban, Cebu. The 21-hectare mountain estate in Magsaysay Peak in Balamban, Cebu, with an elevation of 800 meters is a joint venture between CLI and MagsPeak Nature Park …
Continue reading “CLI introduces a new immersive mountain resort in Balamban, Cebu”