Sta. Lucia Land, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 19, 2018 at 01:48 am EST
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Sta. Lucia Land, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported revenues of PHP 1,134,676,872 against PHP 994,663,886 a year ago. Income before income tax was PHP 320,434,316 against PHP 309,144,367 a year ago. Net income was PHP 228,785,735 against PHP 222,892,098 a year ago.
For the nine months, the company reported revenues of PHP 3,161,345,289 against PHP 2,795,230,889 a year ago. Income before income tax was PHP 1,046,101,739 against PHP 991,443,898 a year ago. Net income was PHP 736,757,033 against PHP 700,501,952 a year ago. Basic and diluted earnings per share were PHP 0.082 against PHP 0.078 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. 