DoubleDragon to breach P100 billion total equity for the first time in 2024

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Doubledragon News

In a disclosure on Friday, the firm said that it is one of the companies in the country which is positioned to bag a total equity at a 12-digit level. 

MANILA, Philippines — Sia-Caktiong-led real-estate development firm DoubleDragon Corp. is poised to exceed P100 billion in total equity for the first time this year.

DoubleDragon’s consolidated net income growth of +23.25% year-on-year to P15.93 billion for the year ending Dec. 31, 2023, with consolidated revenues reaching P24.74 billion during the same period. DoubleDragon also mentioned that it is one of the few firms in the country with a PRS Aaa credit rating from the Philippine Rating Services Corporation.

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