In a disclosure to the Philippine Stock Exchange, 8990 President and CEO Anthony Vincent Sotto said that the company was able to sustain revenue levels despite inflationary fears and the rest of the uncertainty from the outcome of the elections to the war in Ukraine.Gross revenues slightly increased to P10.05 billion in the first half of this year from P10.01 billion in the same period of 2021.
In terms of total units delivered, NCR again accounted for the highest at 37 percent, followed by Iloilo and Bacolod at 17 percent. Davao contributed 16 percent, North Luzon 15 percent, Cebu and Ormoc 9 percent, General Santos 4 percent, and South Luzon 2 percent. Of this inventory, Bulacan accounts for P963 Million, Davao and General Santos P709 million, Ortigas P708 million, and Iloilo and Bacolod P523 million. Cubao has potential sales of P359 million and Cebu and Ormoc P327 million.