Vista Land’s posts 12% growth in net income for 9-months of 2019
08 November 2019
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers, posted a 12% growth in net income for the first nine months of 2019 to P9.1 billion from P8.1 billion in the same period last year. Consolidated revenues increased by 9% to P34.4 billion from P31.4 billion in the comparable period a year ago. Leasing revenues for the period increased by 13% to P5.8 billion from P5.1 billion in the prior year period.
“We are well-poised to achieve another record year this 2019 as Vista Land continues to deliver solid performance both from our leasing and residential businesses,” said Vista Land Chairman Manuel B. Villar, Jr. “Our reservations sales grew 8% during the period to P61.6 billion, which is still majority Overseas Filipino and over 90% end-users. As what we have said in the past two quarters, we remain bullish for the industry, given the sustained demand for our housing products as well as our success in our leasing business propelled by the steady growth in the disposable income, Overseas Filipino remittances, sound Philippine macroeconomic fundamentals and the government’s drive to accelerate economic activities and infrastructure developments outside Metro Manila, where we have a competitive advantage given that we have the widest geographic reach around the country,” he added.
The company’s total consolidated assets as of 30 September 2019 stood at P268.0 billion compared to P238.3 billion in December of last year. Capital expenditures for the first half of the year amounted to P28.8 billion.
Manuel Paolo A. Villar, President & CEO of Vista Land stated, “We remain confident about the Company’s prospects for the rest of the year as our leasing portfolio will be growing which complements our existing core and stable end-user housing business. Revenue growth from our existing investment properties of over 1.4 million square meters continues to be strong. In terms of our residential business, we launched projects with an estimated value of P28.3 billion during the first nine months of the year, most of which were our CoHo projects and outside Metro Manila.”
Vista Land intends to focus on the development of Communicities, - integrated urban developments combining lifestyle retail, prime office space, university town, healthcare, themed residential developments and leisure components.
Latest Recent
Vista Land 1H2022 net income grew 11% to 4.3B; project launches now exceeds FY2021 value
16 August 2022
Vista Land nets P6.0B for 1st nine months of 2021; margin continues to improve
17 November 2021
Vista Land nets P3.8B for 1st semester of 2021; post margin improvement
13 August 2021
Vista Land optimistic as OF remittances on an uptrend
27 July 2021
ViCon 2nd day: The Villar Group breaks digital grounds to provide the best offer to home seekers and investors
28 June 2021
ViCon, The first and biggest virtual property Expo in the Philippines
24 June 2021
Vista Land nets 2.1B for 1Q21; sustained quarterly sales growth
24 May 2021
Vista Land posted ₱16B reservation sales in 1Q21; sustained growth momentum since 2Q20
10 May 2021
Vista Land thru the Villar Group launched group-wide vaccination initative called VHealthy
06 May 2021
Vista Land nets P6.4 billion in 2020; reservation sales growth sustained
22 April 2021
Vista Land optimistic for 2021 both for its residential and leasing businesses
29 December 2020
Vistamalls operates 101 commercial assets across the country; 95% of GFA now operational
26 November 2020
Vista Land nets P5.5 billion; optimistic for the rest of the year as sales uptrend is sustained
16 November 2020
Vista Land - Most Innovative Community Developer by The Global Economics Award 2020
23 September 2020
Vista Land takes advantage of increased housing preference during this period; Leasing portfolio at 79% operational
08 September 2020
Vista Land nets P3.5 billion; reservation sales on an upward trend
17 August 2020
News
Vista Land 1H2022 net income grew 11% to 4.3B; project launches now exceeds FY2021 value
16 August 2022
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the l...
Vista Land nets P6.0B for 1st nine months of 2021; margin continues to improve
17 November 2021
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the l...
Vista Land nets P3.8B for 1st semester of 2021; post margin improvement
13 August 2021
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the l...
Vista Land optimistic as OF remittances on an uptrend
27 July 2021
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the l...
Vista Land nets 2.1B for 1Q21; sustained quarterly sales growth
24 May 2021
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the l...
Vista Land nets P6.4 billion in 2020; reservation sales growth sustained
22 April 2021
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the l...
Vista Land optimistic for 2021 both for its residential and leasing businesses
29 December 2020
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the l...
Vistamalls operates 101 commercial assets across the country; 95% of GFA now operational
26 November 2020
Vistamalls, Inc., with the commercial division of Vista Land & Lifescapes, Inc. (the “Group”), now o...
Vista Land nets P5.5 billion; optimistic for the rest of the year as sales uptrend is sustained
16 November 2020
Vista Land & Lifescapes, Inc.,one of the country’s leading integrated property developers and the la...
Vista Land - Most Innovative Community Developer by The Global Economics Award 2020
23 September 2020
Vista Land & Lifescapes, Inc., one of the Philippines’ leading integrated property developers and th...
Vista Land takes advantage of increased housing preference during this period; Leasing portfolio at 79% operational
08 September 2020
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the l...
Vista Land nets P3.5 billion; reservation sales on an upward trend
17 August 2020
Vista Land & Lifescapes, Inc.,one of the country’s leading integrated property developers and the la...
Vista Land bares CAPEX plans for 2020; sees improvement in Residential Business
03 August 2020
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the l...
Vista Land posts 11.6B in net income in 2019; up 10%
28 May 2020
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the l...
Vista Land Inks Partnership with Mitsubishi Estate Residence
20 November 2019
Vista Land & Lifescapes, Inc. (VLL), a leading integrated property developer and the largest homebui...
Vista Land’s Proposed Bond Issue Rated PRS Aaa
18 November 2019
Philippine Rating Services Corporation (PhilRatings) has assigned an Issue Credit Rating of PRS Aaa,...
Vista Land nets P5.8B for the 1st semester of 2019, up 11%
14 August 2019
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers, register...
Vista Land’s posts 12% in net income growth for 1Q19
16 May 2019
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers, reported...
Vista Land posts 10.5B in net income 2018 up 16%; residential business grew better than expected
04 April 2019
Vista Land & Lifescapes, Inc., one of the country’s leading integrated developers and the largest ho...
Vista Land’s posts 16% in net income growth for 9-months of 2018; sustained strong growth registered during the 1st semester
07 November 2018
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers and the l...
Vista Land’s posts 17% in net income growth for 1st Semester of 2018; Residential sales grew faster than expected
13 August 2018
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers, register...
Vista Land nets 9.1B in 2017 up 12%; residential business on an uptrend
04 April 2018
Vista Land & Lifescapes, Inc., one of the country’s leading integrated developers and the largest ho...
Vista Land to have 60 malls by end of 2020; triples its current 22 malls
08 February, 2018
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers, targets ...
Vista Land income up 12% to 7.1B for 9-months of 2017; core residential business sustained growth
08 November 2017
Vista Land & Lifescapes, Inc., one of the country’s leading integrated developers and the largest ho...
Vista Land’s earnings increases 11% for 9M16; Rental income up 67% to P3.1 billion
14 November 2016
Vista Land & Lifescapes, Inc., one of the country’s leading integrated developers, posted an 11% net...
Vista Land income up 12% to 7.1B for 9-months of 2017; core residential business sustained growth
11 August 2016
Vista Land & Lifescapes, Inc., one of the country’s leading integrated developers, registered a 11% ...
Vista Land’s posts 17% in net income growth for 1Q16, adds over 220,000 sqm GFA of rental space
11 May 2016
Vista Land & Lifescapes, Inc., one of the country’s leading integrated property developers, reported...
Vista Land eyes early debt buyback
02 June 2015
A UNIT of Vista Land & Lifescapes, Inc. seeks to buy back debt worth a combined 0 million ahead of m...
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish.
Read MoreQUICKLINKS
2020 © VISTA LAND