Cebu Landmasters Inc. (CLI), a leading property developer in the Visayas and Mindanao regions, has demonstrated strong financial performance during the first three quarters of 2025, reporting significant growth in both net income and recurring revenue streams.
Robust Financial Performance
The company announced a consolidated net income of P3.1 billion for the first nine months of 2025, representing a solid six percent increase compared to the P2.9 billion recorded during the same period in 2024. This growth was primarily driven by robust property sales and a substantial surge in recurring income sources.
Total revenues for the period reached P14.3 billion, marking a two percent improvement over previous year figures. The company's diversified revenue streams proved particularly resilient, with hotel operations and rental income showing exceptional performance.
Recurring Income Shows Explosive Growth
One of the standout performers in CLI's financial report was the dramatic increase in recurring income, which surged by 72 percent year-on-year. This remarkable growth was fueled by outstanding performances across the company's hospitality and leasing portfolios.
Hotel revenues more than doubled compared to the same period last year, reflecting strong recovery in the tourism and business travel sectors. Simultaneously, rental income climbed by an impressive 49 percent, indicating healthy occupancy rates across CLI's commercial and residential leasing properties.
Market Leadership and Future Expansion
According to data from international property consultancy Colliers, CLI maintained its top ranking in the residential market with an 18 percent market share across its operating regions. This dominant position underscores the company's strong brand recognition and customer preference in the VisMin area.
The developer's total assets grew by 18 percent to P128.7 billion, supported by a healthy financial structure evidenced by a net debt-to-equity ratio of 1.63x. The company's strategic landbank of 188 hectares provides substantial capacity for future development projects and sustained expansion in the coming years.
CLI's consistent performance through the first three quarters of 2025 positions the company for a strong year-end finish, with the diversified revenue model proving effective in navigating market conditions while capitalizing on growth opportunities in the VisMin property sector.
