Tag: #Empire East Land Holdings Inc.
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Empire East Q1 profit down
Empire East Land Holdings Inc., a subsidiary of Megaworld Corporation, reported a 16.4 percent drop in consolidated net profit to P178.7 million in the first quarter of 2022 from the P213.9 million posted in the same period last year.
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Empire East optimistic due to higher sales
Empire East Land Holdings, Inc., a unit of Megaworld Corporation, remains optimistic as it reported an 8.3 percent improvement in total booked sales to P4.26 billion last year even though net income was pulled down to P524 million by the pandemic.