8990 Holdings 9-mth net income up 1% at P3.19B

Mass housing developer 8990 Holdings Inc. registered nearly flat net income growth of just 1 percent for the first nine months of the year, resulting from project delays during the period, the company said in a media briefing on Friday.

8990 said it posted a net income of P3.19 billion in the January to September period, one percent higher than the P3.17 billion recorded for the same period last year.