Cebu Landmasters Profit Drops 15% Amid Market Headwinds
Philippine property developer Cebu Landmasters Inc. (CLI) reported a 15% year-on-year decline in net income to P2.64 billion for the first nine months, attributed to prevailing market conditions. Despite the dip, the company highlighted its strong position in the VisMin area and expressed optimism for future project launches.
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