Vista Land & Lifescapes, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 08:42 pm
Share
Vista Land & Lifescapes, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 3,591 million compared to PHP 2,589 million a year ago. Revenue was PHP 8,676 million compared to PHP 8,061 million a year ago.
Net income was PHP 2,185 million compared to PHP 2,216 million a year ago. Basic earnings per share from continuing operations was PHP 0.172 compared to PHP 0.175 a year ago. Diluted earnings per share from continuing operations was PHP 0.172 compared to PHP 0.175 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.
VISTA LAND & LIFESCAPES, INC. 
