Cebu Property Ventures net income grows 49% to P57.8M

By The Manila Times

May 19, 2016 9:28 pm

Listed Cebu Property Ventures and Development Corp. (CPVDC) posted a 49 percent increase in its net income for the first three months of 2016 on the back of higher rental revenues.

In a financial report to the Philippine Stock Exchange, CPVDC said its net income for the first quarter of the year rose to P57.8 million from last year’s P38.9 million.

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