8990 Holdings Inc operates in the Operative builders sector.
In addition to historical fundamental analyses, the complete report available to purchase compares 8990 Holdings Inc with three other
companies in this sector in Philippines:
Empire East Land Holdings Inc
(2017
sales of 5.28 billion Philippine Pesos [US$100.83 million]
of which 82%
was High-Rise Projects),
Rockwell Land Corp
(12.82 billion Philippine Pesos [US$244.93 million]
of which 98%
was Residential Development), and
Century Properties Group Inc
(6.04 billion Philippine Pesos [US$115.37 million]
of which 92%
was Real Estate Development).
Sales Analysis.
8990 Holdings Inc reported sales of 10.18 billion Philippine Pesos (US$194.47 million)
for the
year ending
December of 2017.
This
represents
an
increase of 9.8%
versus 2016, when the company's sales were 9.27 billion Philippine Pesos.
Sales of High Rise Condominium saw an increase
that was more than double the company's growth rate: sales were up
98.7% in 2017, from
1.12 billion Philippine Pesos to 2.22 billion Philippine Pesos.
8990 Holdings Inc also saw significant increases in sales in
Medium-Rise Building (up 77.0% to 2.76 billion Philippine Pesos)
.
Not all segments of 8990 Holdings Inc experienced an increase in sales in 2017:
sales of Others fell 95.5% to 7.24 million Philippine Pesos.
(However, this segment's sales were only a very small portion of the company's overall sales).
8990 Holdings Inc also experienced decreases in sales in
Low-Cost Mass Housing (down 19.2% to 5.20 billion Philippine Pesos)
.