CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Nov 12, 2024
2. SEC Identification Number
CS200321240
3. BIR Tax Identification No.
227-599-320-000
4. Exact name of issuer as specified in its charter
CEBU LANDMASTERS, INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10TH FLOOR, PARK CENTRALE TOWER, JOSE MA. DEL MAR ST., CEBU I.T. PARK, BRGY. APAS, CEBU CITY, PHILIPPINESPostal Code6000
8. Issuer's telephone number, including area code
0322314870
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON SHARES
3,465,201,467
PREFERRED SHARES
4,280,340
11. Indicate the item numbers reported herein
Item 9 (Other Items)
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Cebu Landmasters, Inc.CLI
PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C) Section 4.4 of the Revised Disclosure Rules
1. Cebu Landmasters Inc. (CLI) reports solid consolidated revenues of P14.1 billion for the first nine months of 2024, reflecting a 9.2% year-on-year increase from P12.9 billion.
2. Net income to the parent company rose by 7%, reaching P2.3 billion, compared to P2.2 billion in the same period last year, supported by growth in both core business and recurring income streams.
3. Property sales grew by 8.7% to P13.8 billion, driven by strong demand across residential, mid-market, and economic housing segments, along with commercial lot sales.
4. CLI’s industry leadership was recognized with multiple awards, including being named the number 1 developer in VisMin by Colliers Philippines, receiving the Best Developer in Mindanao award for the fourth consecutive year at the PropertyGuru Philippines Property Awards, and earning for the second time in a row a Golden Arrow award for corporate governance from the Institute of Corporate Directors.
For more information, please refer to the attached Press Release.
Other Relevant Information
NOTE: The disclosure contains forward-looking statements and facts that are subject to considerable risks and uncertainties. These forward-looking statements include, but are not limited to, statements about known and unknown risks; uncertainties and other factors that may cause actual results to differ from expected future performance.