8990 Holdings, Inc. aims to generate P23 billion in gross revenues this year, a 15% growth target after seeing robust demand in recent years. READ:
In a statement on Wednesday, the company said its growth target can be supported by its robust land bank of 729.05 hectares in “strategic areas” across the country.
In terms of sales, majority or 59% are attributed to its horizontal developments and 41% are from vertical projects. The company said it delivered 11,564 homes in 2021, 55% of the units are from mass housing or horizontal projects and 45% from vertical projects. The company also noted that when super Typhoon Odette hit the Visayas region last year, only 10% of its built structures were affected.
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