Anchor Land expects record profit in 2013

For this year, upscale property developer Anchor Land Holdings Inc. is expecting to breach its 2012 record profit as it plans to invest further in its after-sales services.

Anchor Land wrapped 2012 with P1.03-billion net income, which is the first time the listed firm saw its earnings breaching the P1-billion level. The company also saw a 13-percent growth in its net income for the first quarter of 2013.