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Vista Land reports a 10% net income rise to P9.1 billion in Q3, driven by strong demand outside Manila.
Vista Land, a major property developer, reported a 10% rise in net income to P9.1 billion for the first nine months of 2024, fueled by strong demand for its residential projects outside Metro Manila.
Revenues increased 7% to P29.1 billion, with real estate revenue up 12%.
The company launched P32.6 billion in new projects and plans to resume a 20% dividend policy in 2025 as growth continues.
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Vista Land reporta un aumento del 10% de ingresos netos a P9.100 millones en el tercer trimestre, impulsado por una fuerte demanda fuera de Manila.