Sta. Lucia Land, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 22, 2022 at 10:11 pm EDT
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Sta. Lucia Land, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was PHP 111.81 million compared to PHP 141.71 million a year ago. Revenue was PHP 3,060.18 million compared to PHP 2,289.52 million a year ago. Net income was PHP 1,126.66 million compared to PHP 923.87 million a year ago. Basic earnings per share from continuing operations was PHP 0.13 compared to PHP 0.11 a year ago. Diluted earnings per share from continuing operations was PHP 0.13 compared to PHP 0.11 a year ago.
Sta. Lucia Land, Inc. is a Philippines-based developer of residential communities, with a portfolio consisting of developments that include residential, commercial, and retail assets. Its segments include Leasing and Residential Development. The Leasing segment consists of the investment properties, which includes properties held to earn rentals and are not occupied by the Company. The Residential Development segment is engaged in the development and selling of subdivision lots and condominium projects across the Philippines. Its residential projects include horizontal developments, which consist of residential lots for sale in gated subdivisions complete with facilities and amenities; and vertical developments, which comprises townhouse projects, condominium projects and condotel projects. Its commercial properties include malls, business centers, and commercial lots. Its townhouse projects consist of residential housing units, including independent and identical houses.
STA. LUCIA LAND, INC. 
