Cebu Landmasters Readies P25-B Projects in Second Half
Cebu Landmasters Inc. (CLI), a major property developer in the Philippines, is set to launch over 11 projects worth approximately P25 billion in the second half of the year. This strategic move aims to drive recovery and achieve annual targets following a shift in project launch schedules.
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- Cebu Landmasters to Launch Over P25B Projects in H2
Cebu Landmasters Inc. (CLI), a leading property developer in the Philippines, announced plans to launch over P25 billion worth of new projects in the second half of the year. Despite a temporary dip in first-half revenue and net income attributed to inventory depletion and licensing approval timing, the company anticipates continued demand as fresh inventory returns to the market.