Vista Land & Lifescapes, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 08:49 pm EDT
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Vista Land & Lifescapes, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was PHP 2,346 million compared to PHP 1,639 million a year ago. Revenue was PHP 7,367 million compared to PHP 7,392 million a year ago. Net income was PHP 1,610 million compared to PHP 1,658 million a year ago.
For the six months, sales was PHP 4,935 million compared to PHP 3,640 million a year ago. Revenue was PHP 7,973 million compared to PHP 16,120 million a year ago. Net income was PHP 3,826 million compared to PHP 3,651 million 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. 
