Sta. Lucia Land, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 24, 2021 at 08:30 pm EDT
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Sta. Lucia Land, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was PHP 1,357.518 million compared to PHP 1,318.979 million a year ago. Net income was PHP 427.541 million compared to PHP 295.020 million a year ago. Basic earnings per share from continuing operations was PHP 0.05 compared to PHP 0.04 a year ago.
Sta. Lucia Land, Inc. is a Philippines-based developer of residential communities, with a portfolio consisting of developments that include residential, commercial, and retail assets. Its segments include Leasing and Residential Development. The Leasing segment consists of the investment properties, which includes properties held to earn rentals and are not occupied by the Company. The Residential Development segment is engaged in the development and selling of subdivision lots and condominium projects across the Philippines. Its residential projects include horizontal developments, which consist of residential lots for sale in gated subdivisions complete with facilities and amenities; and vertical developments, which comprises townhouse projects, condominium projects and condotel projects. Its commercial properties include malls, business centers, and commercial lots. Its townhouse projects consist of residential housing units, including independent and identical houses.
STA. LUCIA LAND, INC. 
