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18 Nov 2020

8990 profit drop 21% in 9 months

2020-11-18T02:32:31+08:00November 18, 2020|Manila Bulletin|

Housing firm 8990 Holdings Inc. reported a 21 percent drop in net income to P3.3 billion in the first nine months of the year as revenue generation was affected by the quarantine measures imposed nationwide. In a disclosure to the Philippine Stock Exchange, 8990 said revenue for the first nine months of 2020 hit P9.7 billion, 7% lower than the previous ..

17 May 2018

8990 Holdings earns P1 B

2019-01-09T05:34:53+08:00May 17, 2018|Newsroom, Manila Bulletin|

Mass housing developer 8990 Holdings, Inc. reported that its net income jumped 37 percent to P1.0 billion in the first quarter of 2018 from to the P736 million reported in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said gross revenues grew 57 percent year-on-year to P2.5 billion in the first quarter of ..

02 May 2018

8990 Holdings posts P4.14-B net income

2019-01-09T06:23:25+08:00May 2, 2018|Newsroom, Manila Bulletin|

Top mass housing developer 8990 Holdings, Inc. reported that its consolidated net income grew 16 percent last year to P4.14 billion from the P3.58 billion earned in in 2016. In a disclosure to the Philippine Stock Exchange, the firm said 2017 consolidated revenue was reported at P10.18 billion, 10 percent higher than the previous year’s P9.27 billion due to strong ..

19 Jan 2018

8990 Holdings launches P2-B Cebu mid-rise project

2019-01-09T07:35:59+08:00January 19, 2018|Newsroom, Manila Bulletin|

Top mass housing developer 8990 Holdings, Inc. has launched its second mid-rise condominium project in Barangay Tisa, Cebu City which has a total value of approximately P2 billion. In a statement, the firm said its first project in Tisa has already been sold out. 8990 Holdings will spend around P800 million until 2021 for the development of Urban Deca Homes ..

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