March 02, 2015 1:10 AM ET

Real Estate Management and Development

Company Overview of Vista Land & Lifescapes, Inc.

Company Overview

Vista Land & Lifescapes, Inc., an investment holding company, develops residential subdivisions, and constructs housing and condominium units in the Philippines and internationally. Its projects include master-planned developments and stand-alone residential subdivisions, which offer lots and/or housing units to customers in the low-cost, affordable, middle-income, and high-end market segments. The company markets its residential units through a network of independent contractors, agents, and partners. The company was incorporated in 2007 and is based in Las Piñas, the Philippines. Vista Land & Lifescapes, Inc. is a subsidiary of Fine Properties, Inc.

Starmall Las Piñas C.V. Starr Avenue

Third Level

Philamlife Village

Pamplona

Las Piñas,  1746

Philippines

Founded in 2007

1,009 Employees

Phone:

63 2 226 3552

Key Executives for Vista Land & Lifescapes, Inc.

Vista Land & Lifescapes, Inc. does not have any Key Executives recorded.

Vista Land & Lifescapes, Inc. Key Developments

Davao Approves Vista Land and Lifescapes, Inc.'s Residential Commercial Project

Vista Land and Lifescapes, Inc. announced that a 27-hectare residential-commercial project of the company has received initial approval from the city council. With the initial approval of its location, the project - which will be built across the Davao International Airport - is now under evaluation by the council's committee on housing, rural, and urban development. The property will be divided into three 'enclaves' with varying features to 'provide something to everyone'. Each of the enclaves will have its own amenities and will become independent communities. The company has also identified several other areas for planned projects, including a small community near the city center, to add to its existing condominium in the northern side and residential villages in the south. The budget for the enclaves project is part of the PHP 40 billion investment that is planned in Davao City over the next six years. Vista Land has been expanding in Mindanao, developing both high-rise condominium and gated community projects in, aside from Davao, the cities of Cagayan de Oro in Northern Mindanano, Tagum in Davao del Norte province, and General Santos and Koronadal in the Soccsksargen region.

Vista Land & Lifescapes, Inc. Reports Earnings Results for the Three Months and Year to Dated Ended September 30, 2014

Vista Land & Lifescapes, Inc. reported earnings results for the three months and year to dated ended September 30, 2014. For the quarter, the company's operating revenue was PHP 5,651 million compared to PHP 5,128 million a year ago. Gross revenue was PHP 6,039 million compared to PHP 5,399 million a year ago. Net income before tax was PHP 1,512 million compared to PHP 1,280 million a year ago. Net income after tax was PHP 1,413 million compared to PHP 1,222 million a year ago. Net income attributable to parent equity holder was PHP 1,413 million compared to PHP 1,222 million a year ago. Diluted earnings per share was PHP 0.16 compared to PHP 0.14 a year ago. For the year to date, the company's operating revenue was PHP 16,681 million compared to PHP 14,827 million a year ago. Gross revenue was PHP 18,089 million compared to PHP 15,916 million a year ago. Net income before tax was PHP 4,550 million compared to PHP 3,929 million a year ago. Net income after tax was PHP 4,245 million compared to PHP 3,787 million a year ago. Net income attributable to parent equity holder was PHP 4,245 million compared to PHP 3,787 million a year ago. Diluted earnings per share was PHP 0.49 compared to PHP 0.44 a year ago. Book value per share was PHP 6.06 compared to PHP 5.68 as December 31, 2013.

Vista Land & Lifescapes, Inc., Nine Months 2014 Earnings Call, Nov 12, 2014

Vista Land & Lifescapes, Inc., Nine Months 2014 Earnings Call, Nov 12, 2014

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