8990 net seen to hit P5.2B

Riding on a strong momentum from last year, mass housing developer 8990 Holdings expects net profit this year to reach P5.2 billion on the back of about P13 billion worth of revenue. Citing latest unaudited results, 8990 Holdings said it had hit its full-year 2018...

8990 to offer P3B in retail bonds

Mass housing developer 8990 Holdings plans to roll out this third quarter a pioneering P3- billion retail bond offering backed by housing receivables. Separately, 8990 Holding plans to unload via bilateral transactions some P10 billion in housing receivables under its...

8990 upbeat on condo projects in Tondo

Leading housing developer 8990 Holdings has reported brisk sales of residential condominium units in Tondo, Manila,—its largest development in the metropolis—as condominium living starts to appeal to the mass market. Units in 8990 Holdings’ Urban Deca Homes Manila...

8990 Q1 net income jumps by 37%

Leading mass housing developer 8990 Holdings posted a 37-percent year-on-year growth in first quarter net profit to P1 billion on higher real estate sales and better-than-targeted margins. 8990 disclosed to the Philippine Stock Exchange yesterday that gross revenue...

8990 nets P1B

Leading mass housing developer 8990 Holdings posted a 37-percent year-on-year growth in first quarter net profit to P1 billion on higher real estate revenues and better-than-targeted margins. Gross revenues rose by 57 percent year-on-year to P2.5 billion, posting its...