Cebu Landmasters upbeat on margins

By Brix Lelis

Apr 15, 2024 12:21 am

VISAYAS-MINDANAO property developer Cebu Landmasters Inc. (CLI) expects to benefit from a possible reduction in borrowing costs this year, which could boost demand for housing units.

'The rate cuts that we are anticipating will help not only in our ability to raise capital, but ... should also improve our margins,' CLI Chief Executive Officer Grant Cheng told reporters at the sidelines of a listing ceremony last Friday.

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