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Villar family property company a double-digit increase in earnings


In a briefing today, Vista Land & Lifescapes Inc president and chief executive officer Manuel Paolo A. Villar said the company’s net income jumped 12 percent to P2.83 billion in the first semester from P2.57 billion in the same period last year. InterAksyon

“We’re in line with a double-digit increase in reservation sales, revenues and earnings. Based on what I see, it looks good to achieve double-digit growth but anything can happen,” Villar said. “We’re basically having a growth powered by the Camella brand,” Villar said. InterAksyon

“Vista Land continues to remain firmly on a solid growth path. Demand for housing continued to be robust, particularly in the affordable price segment which is dominated by the Camella brand,” said Vista Land chairman Manuel B. Villar.  InterAksyon

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