By JAMES A. LOYOLA
Manila Bulletin
MANILA, Philippines — Vista Land & Lifescapes, Inc., the country’s largest homebuilder, reported a 26 percent growth in net income for the first quarter to P873 million from the P694 million earned in the same period last year.
In a press briefing, Vista senior vice president for finance Ricardo Tan Jr. said revenues were P3.28 billion for the first quarter of this year compared to the P2.68 billion realized during the comparable period last year.
“We are pleased with our company’s performance for the first quarter and given the positive outlook, our Board of Directors has approved the declaration of a special cash dividend in the amount of 3.5 centavos per share,” said Tan adding that this amounts to P301 million.
The record date of the special dividend will be on June 1, 2011 and the payment date is on June 28, 2011.
Read here
Manila Bulletin
MANILA, Philippines — Vista Land & Lifescapes, Inc., the country’s largest homebuilder, reported a 26 percent growth in net income for the first quarter to P873 million from the P694 million earned in the same period last year.
In a press briefing, Vista senior vice president for finance Ricardo Tan Jr. said revenues were P3.28 billion for the first quarter of this year compared to the P2.68 billion realized during the comparable period last year.
“We are pleased with our company’s performance for the first quarter and given the positive outlook, our Board of Directors has approved the declaration of a special cash dividend in the amount of 3.5 centavos per share,” said Tan adding that this amounts to P301 million.
The record date of the special dividend will be on June 1, 2011 and the payment date is on June 28, 2011.
Read here
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