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10 Nov 2020

8990 Holdings posts record revenues in July-September

2020-11-10T06:15:18+08:00November 10, 2020|Business Mirror|

Mass housing developer 8990 Holdings Inc. on Monday said its income in January to September fell 21 percent to P3.3 billion from last year’s P4.2 billion, but it recorded its highest quarterly revenue in the third quarter. Revenues for the nine-month period fell 7 percent to P9.73 billion from last year’s P10.5 billion. Half of those revenues, or P4.82 billion, ..

13 Dec 2018

Luxury escapes for everyone

2019-01-15T01:22:34+08:00December 13, 2018|Newsroom, Business Mirror|

From left: Stephanie Zubiri, Wil Dasovich and Mikaela Lagdameo-Martinez. 8990 Holdings Chairman Mariano Martinez with 8990 Holdings President and CEO Willie J. Uy The grand idea started with one word. Property developer 8990 Holdings Inc. (HOUSE) recently announced that it is expanding its portfolio to the hospitality industry with a plan that is big on numbers. The company, through its ..

09 Nov 2018

8990 income rises 38% in three quarters on higher sales

2019-01-09T02:55:55+08:00November 9, 2018|Newsroom, Business Mirror|

MASS-housing builder 8990 Holdings Inc. said its net income grew 38 percent during the first three quarters of the year to P3.4 billion, from last year’s P2.46 billion, as the company targets higher revenues by 2020. The company said it achieved the growth despite higher prices, as there is still strong buyer demand for its projects. It explained people still ..

30 Jan 2018

8990 Holdings sells P2.8 billion worth of contract to sell

2019-01-09T07:07:56+08:00January 30, 2018|Newsroom, Business Mirror|

MASS-housing builder 8990 Holdings Inc. said it sold some P2.83 billion in contract to sell (CTS) of its various units all over the country to Dearborn Resources and Holdings Inc. In its disclosure to the Philippine Stock Exchange, 8990 Holdings said on Tuesday the CTS will come from its various subsidiaries, but mainly from 8990 Housing Development Corp. and from ..

21 Jan 2018

8990 launches P2-B mid-rise condo complex in the Visayas

2019-01-09T07:16:18+08:00January 21, 2018|Newsroom, Business Mirror|

MASS-housing builder 8990 Holdings Inc. said it launched its second mid-rise condominium development in Barangay Tisa, Cebu City, which has a total value of approximately P2 billion. The first project in Tisa has already been sold out, the company said. 8990 Holdings has been developing in high-growth areas across the Visayas and Mindanao, with 45 completed projects since 2003. There ..

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