Antipolo Eastland Heights News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Global-Estate Resorts profits down by 27%
April 27, 2021 | 12:05 am
GLOBAL-ESTATE Resorts, Inc. (GERI) ended the year with a net attributable profit of P1.09 billion, down by 27% from P1.49 billion in the previous year, due to the decline in real estate sales, rental income, and revenues from hotel operations.
According to a regulatory filing on Monday, the revenues of GERI, the listed tourism estate subsidiary of Megaworld Corp., also slumped by 37% to P5.2 billion from P8.3 billion.
Real estate sales declined by 39% to P3.61 billion from P5.91 billion due to limited selling and construction activities caused by quarantine restrictions. Some project launches for 2020 were also deferred. ....

Boracay Island , Batangas City , Muntinlupa City , Metro Manila , Philippines General , San Carlos , Negros Occidental , Iloilo City , Cavite City , Hamptons Caliraya , Keren Concepciong Valmonte , Boracay Newcoast , Monicat Salomon , Megaworld Corp , Antipolo Eastland Heights , Arden Botanical Estate , Batangas Twin Lakes , Twin Lakes , Southwoods City , Alabang West , Barbara Heights , Eastland Heights , Keren Concepcion , போராகே தீவு , படங்கங்கள் நகரம் , முன்தீனிலுபப நகரம் ,