Vista Land & Lifescapes, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 15, 2023 at 06:05 am IST
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Vista Land & Lifescapes, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was PHP 3,911 million compared to PHP 3,837 million a year ago. Revenue was PHP 8,667 million compared to PHP 5,964 million a year ago. Net income was PHP 1,964 million compared to PHP 1,197 million a year ago. Basic earnings per share from continuing operations was PHP 0.164 compared to PHP 0.1 a year ago. Diluted earnings per share from continuing operations was PHP 0.164 compared to PHP 0.1 a year ago.
For the nine months, sales was PHP 11,833 million compared to PHP 10,229 million a year ago. Revenue was PHP 26,147 million compared to PHP 22,207 million a year ago. Net income was PHP 6,850 million compared to PHP 3,936 million a year ago. Basic earnings per share from continuing operations was PHP 0.573 compared to PHP 0.329 a year ago. Diluted earnings per share from continuing operations was PHP 0.573 compared to PHP 0.329 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. 
