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GERI earnings rise 32% in 1H

Megaworld subsidiary Global-Estate Resorts, Inc. (GERI), the country’s leading developer of integrated tourism-estates, registered a 32 percent growth in net income to P848 million during the first half of 2022 from P643 million in the same period last year. In a disclosure to the Philippine Stock

Global-Estate s earnings surge 33% to P405M; hotels lead growth

Global-Estate s earnings surge 33% to P405M; hotels lead growth
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GERI profits rise despite lower leasing

Global-Estate Resorts, Inc. (GERI), the tourism estates unit of Megaworld Corporation, reported a 15 percent growth in net income to P1.5 billion last year from the P1.3 billion earned in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its attributable net income rose 21 perce

Strong demand for property allows GERI to post profit

Global-Estate Resorts Inc. (GERI), a unit of Andrew Tan's property developer Megaworld Corp., on Monday said its income in 2021 grew 15 percent to P1.5 billion from last year’s P1.3 billion on the resumption of construction activities in its projects. GERI’s income was still 21 percent lower when compared with…

Global-Estate posts P1 3-B profit on strong demand, sales growth

Global-Estate posts P1 3-B profit on strong demand, sales growth
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