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Cebu Landmasters reports robust Q1 2025 performance; net income up 12% to PHP1.32B

Leading developer in VisMin Cebu Landmasters, Inc. (CLI) posted a strong start to 2025, with a consolidated net income rising by 12% year-on-year to P1.32 billion in the first quarter. This was driven by geographic expansion, steady project execution, and sustained demand across key Visayas and Mindanao markets. Consolidated revenues grew by 4% to P6.51 billion in the same period last year, wit...

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Megaworld's net income up 16%

TOWNSHIP development pioneer Megaworld Corp. (MEG) reported a robust start to 2025, posting a 16 percent year-on-year growth in net income to P5.83 billion in the first quarter. Consolidated revenues also expanded by 11 percent to P20.93 billion, driven by solid contributions from its residential, leasing and hotel operations. Company president Lourdes Gutierrez-Alfonso attributed the strong...

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