Cebu Landmasters Inc. (CLI) said it is preparing to roll out 10 to 12 new projects worth P36 billion in sales value this year to sustain growth.
The planned launches include a mix of ongoing developments and new ventures in emerging markets across the Visayas and Mindanao regions, the company said in a recent investors briefing
The launches are set to expand CLI’s footprint in underserved areas and mark a shift toward larger-scale residential and township developments, as well as an acceleration of its recurring income portfolio.
“These launches aim to build on CLI’s regional momentum and capture opportunities in underserved markets. 2025 is a critical stage as we move into bigger-scale residential and township developments, and ramp up our recurring income projects,” said CLI chairman and chief executive Jose Soberano III.
CLI also reported an 8-percent increase in net income attributable to parent shareholders to over P3 billion on the back of record revenues.
Sales reached an all-time high of P19.5 billion, up 4 percent from the previous year’s P18.8 billion.