CLI books P2.7 B reservation sales in Q1

CEBU Landmasters Inc. (CLI) is on track to meet its P7 billion reservation sales target this year after sales rose 24 percent in the first three months.

From January to March, the listed company sold P2.7 billion of its ongoing developments, reaching 38 percent of its goal for 2018. “I’m happy to report that CLI is off to a record-breaking start in 2018, recording our highest quarterly reservation sales at 2.7 billion,” said Jose R. Soberano III, CLI chief executive officer. “This validates that our Visayas and Mindanao expansion has been well-received by the market, and we still see several opportunities to expand in these key VisMin cities.” (PR)