8990 Jan-June income hits P2.82B

LISTED 8990 Holdings Inc. reported on Thursday that its consolidated net income jumped by 18 percent to P2.82 billion in the first six months from P2.39 billion year-on-year on the back of higher revenues. In a disclosure, the property developer said these revenues...

8990 Holdings H1 profit up 18%

Mass housing developer 8990 Holdings Inc. is optimistic of exceeding its revenue target of PHP13.5 billion this year after its net income surged by 18 percent in the first half. “I think we will even surpass that based on the sales tempo, it’s really doing well,”...