The company said reservation sales, an indication of future revenue, jumped 41 percent to P7.44 billion in the first semester of 2020. This was mainly from its Casa Mira brand.CLI remained resilient even as mid-income housing, partly reliant on sales to overseas Filipinos, took a hit during the crisis.
While profits sank 7 percent to P792 million in the first semester, the builder was on track to meet its full-year earnings targets, company chair and CEO Jose Soberano III said.
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