In a disclosure to the Philippine Stock Exchange on Friday, SLI said that in setting up a business enterprise unit, “the primary targets of the Group could be to growth ordinary earnings and improve belongings values either via assignment development or via hire income.”
“We will leverage our information in retail, mall control and hotels operations as we make bigger our commercial property portfolio to complement our residential developments. We would love to peer a revenue blend of 60 percentage-40 percent real estate income to routine earnings ratio inside the next 2-three years,” SLI executive vice president and chief finance officer David Dela Cruz stated in a statement.
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