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Cebu Landmasters posts 32% profit rise

REAL estate developer Cebu Landmasters Inc. on Thursday reported a normalized net income of P3.17 billion for 2022, up by 32 percent from a year earlier, following growth across all business segments.

'Our 2022 performance is a testament to our growing commitment and leadership in the Visayas-Mindanao region.' Cebu Landmasters Chairman and Chief Executive Officer Jose Soberano 3rd said.