City & Land Developers, Incorporated Reports Earnings Results for the Full Year Ended December 31, 2020
April 22, 2021 at 10:54 pm EDT
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City & Land Developers, Incorporated announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was PHP 354.467 million compared to PHP 629.429 million a year ago. Net income was PHP 104.553 million compared to PHP 175.707 million a year ago. Basic earnings per share from continuing operations was PHP 0.07 compared to PHP 0.12 a year ago.
City & Land Developers, Incorporated is a Philippines-based real estate company. The Company is engaged in acquiring and developing suitable land sites for residential, office, commercial, institutional and industrial uses primarily, in accordance with the subdivision, condominium, and cooperative concepts of land-utilization and landownership. The Companyâs projects are located in Metro Manila. Its completed projects include One Taft Residences, North Residences, Manila Residences Bocobo, Grand Emerald Tower and Pacific Regency. The One Taft Residences is a 40-storey mixed residential, office and commercial condominium. The North Residences is a 29-storey commercial and residential condominium is located at EDSA (beside WalterMart) corner Lanutan, Brgy. The Manila Residences Bocobo is a 34-storey commercial, office and residential condominium located along Jorge Bocobo St., Ermita, Manila City. The Grand Emerald Tower is a 39-storey commercial, office and residential condominium.
CITY & LAND DEVELOPERS, INCORPORATED 
