Cebu Landmasters Inc. (CLI) posted a 13 percent increase in net income to ₱2.49 billion for the first half of 2025, up from ₱2.21 billion a year earlier, driven by stronger real estate and hotel revenues.
The Visayas and Mindanao-focused property developer reported a 5 percent rise in consolidated revenue to ₱11.87 billion, with real estate sales contributing ₱10.52 billion—also up 5 percent year-on-year. Recurring income from hotel operations more than doubled to ₱200 million from ₱86 million, albeit from a low base, highlighting CLI’s growing hospitality footprint.
“This performance underscores the disciplined execution of our growth strategy and resilience despite economic headwinds,” said chairman and CEO Jose Soberano III.
However, reservation sales grew at a slower pace, rising just 3 percent to ₱14.29 billion, though flagship housing brands Casa Mira and Garden Series saw a 90 percent sell-out rate for units launched in 1H 2025.
CLI now manages 127 projects, including 10 hotels and six offices. Looking ahead, it plans to launch 12 new projects valued at ₱29 billion in the second half of the year across Cebu, Davao, General Santos, Ormoc, and Palawan.
Seven of those projects are set for launch in the coming quarter, with five more residential developments to follow in Q4. COO Jose Franco Soberano added that CLI is also scaling operations in Luzon ahead of its first project launch there in 2026.
The results affirm CLI’s expanding presence in the VisMin market and mark a strategic shift toward broader regional and sector diversification
