Vista Land & Lifescapes, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 15, 2022 at 12:36 am
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Vista Land & Lifescapes, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was PHP 3,263 million compared to PHP 2,543 million a year ago. Revenue was PHP 5,804 million compared to PHP 16,585 million a year ago. Net income was PHP 2,262 million compared to PHP 2,047 million a year ago. Basic earnings per share from continuing operations was PHP 0.1782 compared to PHP 0.1612 a year ago. Diluted earnings per share from continuing operations was PHP 0.1782 compared to PHP 0.1612 a year ago.
For the nine months, sales was PHP 8,198 million compared to PHP 6,183 million a year ago. Revenue was PHP 21,232 million compared to PHP 22,389 million a year ago. Net income was PHP 6,089 million compared to PHP 5,698 million a year ago. Basic earnings per share from continuing operations was PHP 0.4795 compared to PHP 0.4487 a year ago. Diluted earnings per share from continuing operations was PHP 0.4795 compared to PHP 0.4487 a year ago.
Vista Land and Lifescapes, Inc. is a Philippines-based investment holding company, which is engaged in real estate activities. The Company's segments include Horizontal Projects, Vertical Projects, and Commercial and Others. The Horizontal Projects segment is engaged in the development and sale of residential houses and lots across the Philippines. The Vertical Projects segment is engaged in the development and sale of residential condominium projects across the Philippines. The Commercial and Others segment is focused on the development, leasing and management of shopping malls and commercial centers all over the Philippines and hotel operations. The Company operates its residential and commercial property development business through six distinct business units: Camella Homes, Communities Philippines, Crown Asia, Brittany and Vista Residences are focused on residential property development, while Vistamalls is involved in commercial property development.
VISTA LAND & LIFESCAPES, INC. 
