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Filinvest Land Inc. said profit in its residential development reached P3.8 billion last year, up 2 percent from the prior year’s P3.72 billion.
Revenues hit P11.27 billion, up 15 percent from P9.8 billion in 2020, driven by continued construction progress and high reservation sales.
Reservation sales reached P16.04 billion, a growth of 5 percent compared to 2020.
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Filinvest Land launched P6.7 billion worth of residential projects around the country including Metro Manila, Pampanga, Cagayan de Oro and Davao. The developer also entered Dagupan, Pangasinan last year.
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