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Cebu's economic recovery seen at 'accelerated pace' sunstar.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunstar.com.ph Daily Mail and Mail on Sunday newspapers.
CLI strengthens hotel portfolio, unveils new Abaca Mactan Resort sunstar.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunstar.com.ph Daily Mail and Mail on Sunday newspapers.
Published July 6, 2021, 1:28 PM Leading developer in VisMin Cebu Landmasters, Inc. (CLI) announced a record P8.5 billion in reservation sales in the first half this year, a robust 14 percent increase from P7.4 billion year-on-year on sustained housing demand in its geographic scope. In a statement, CLI attributed the growth to the launching of six projects during the first six months across different segments in Cebu, Iloilo and Ormoc. In the second quarter 2021 alone, the listed company recorded P5.2 billion sales, exceeding the P4.6 billion reported in the same period last year. CLI maintained its foothold in Cebu, which accounted for 29 percent of sales; and heightened its presence in Iloilo, which contributed 27 percent, and Cagayan de Oro, accounting for 20 percent. The rest were the result of sustaining sales from Davao, Bacolod, Dumaguete, Bohol and from a new expansion area in Ormoc. ....
Listed CLI records P8.5B reservation sales in 1H sunstar.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunstar.com.ph Daily Mail and Mail on Sunday newspapers.