Vista Land & Lifescapes, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
May 16, 2022 at 12:49 am EDT
Share
Vista Land & Lifescapes, Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was PHP 9,312.72 million compared to PHP 7,196.73 million a year ago. Revenue was PHP 29,631.97 million compared to PHP 31,256.08 million a year ago. Net income was PHP 6,426.54 million compared to PHP 6,056.02 million a year ago. Basic earnings per share from continuing operations was PHP 0.538 compared to PHP 0.507 a year ago. Diluted earnings per share from continuing operations was PHP 0.538 compared to PHP 0.507 a year ago.
Vista Land and Lifescapes, Inc. is a Philippines-based investment holding company, which is engaged in real estate activities. The Company's segments include Horizontal Projects, Vertical Projects, and Commercial and Others. The Horizontal Projects segment is engaged in the development and sale of residential houses and lots across the Philippines. The Vertical Projects segment is engaged in the development and sale of residential condominium projects across the Philippines. The Commercial and Others segment is focused on the development, leasing and management of shopping malls and commercial centers all over the Philippines and hotel operations. The Company operates its residential and commercial property development business through six distinct business units: Camella Homes, Communities Philippines, Crown Asia, Brittany and Vista Residences are focused on residential property development, while Vistamalls is involved in commercial property development.