SM Development Corporation reports 116% increase in 2008 Net Income
Philippine property developer SM Development Corporation (PSE:SMDC) has reported a P1.1-billion (US$22.6 million) net income for 2008 or 116 per cent better than the P13 million posted the previous year.
SMDC, in a disclosure to the Philippine Stock Exchange (PSE), also reported that its gross profit on real estate sales reached to P1.7 billion or double those posted in 2007. Read more…
Categories: Philippine Real Estate, Real Estate Investment, Real Estate News Tags: berkeley sm, lindenwood residences, mezza sm, sm development corporation properties, sm properties philippines, sm real estate
Real Estate News- Saudi Arabia leads Gulf Arab market advancesSaudi Arabia’s stock market Tadawul outperformed all other Gulf Arab markets Wednesday by gaining 0.86 percent, closing at 6,158.99 points. Oil prices stabilized above 72 U.S. dollars per barrel, helping shares of Sahara Petrochemical to gain 0.54 percent at 18.75 Saudi riyals (5 dollars). In Abu Dhabi, the leading oil and gas producer Abu Dhabi […]
- Despite unprecedented financial crisis RCI adds 100 new resorts in 2009The final quarter of the year 2007 saw one of the nastiest global financial catastrophes and this worsened in 2008. RCI, which is one of the leading timeshare vacation networks, was able to add 100 new resorts in 2009, despite this crisis. This aptly proves that the vacation industry is unperturbed by the cash crunch. […]
- Knowledge Is Power In Real EstateIt is good to be aware in knowing what is right and incorrectly in the real estate line of work . This are some of the tips that Austin Home For Sale gathered that will help you avoid scams in real estate, being smart and knowledgeable will help you a lot. Being aware and knowing how to avoid […]
- Liability Insurance for BusinessWhat is Public Liability Insurance? Public liability insurance is cover to protect you or your business in case you damage someone’s property or hurt someone through any negligent actions of your business. This is described in policy wordings as 3rd party property damage and 3rd party injury. For example: You are working as a window cleaner. While […]
- Office Interior Decor – Do You Find It Critical Towards Your EnterpriseInterior furnishings for an place of work are some things many people hire an expert to do on their part. Normally, everyoffice interior designer prepare the first planning in addition to several designing when the building is completely new. Having said that, if the building is new plus the company might be designated for the […]