Higher sales lift Cebu Landmasters profit

By Brix Lelis

Nov 15, 2023 12:37 am

VISAYAS-MINDANAO property developer Cebu Landmasters Inc. (CLI) posted a 28-percent growth in nine-month consolidated net income, to P3.0 billion from P2.4 billion, following a 25-percent rise in sales.

In a disclosure on Tuesday, CLI said sales from January to September increased to P17 billion, with its flagship economic brand, Casa Mira, contributing 52 percent.

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