Haus Talk Inc. Reports Record Quarterly Income Driven by Antipolo Project
What happened
Haus Talk, Inc. filed its quarterly financial report with the Philippine Stock Exchange, showing that the company's attributable net income more than doubled to P313.44 million. This increase was driven by a 96.3% rise in real estate sales, reaching P1.18 billion. The company stated that the sales surge was primarily due to the successful launch of a new residential project in Antipolo, alongside continued revenue from other developments.
From bworldonline.com
Why it matters
The financial results indicate a strong sales period for Haus Talk, Inc., with gross profit increasing 83.2% to P520.86 million. The company also noted that costs associated with real estate sales, including commissions and marketing, had risen substantially to support the higher volume of sales.
From bworldonline.com
Who's involved
- AntipoloLocation of the new residential project and operational base for the company's sales.
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The entities involved
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Antipolo
city of the Philippines and capital of the province of Rizal
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