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Vista Land posts P6.4 B profit despite pandemic


    
 In a disclosure to the Philippine Stock Exchange, the firm said consolidated total revenues was lower by 26 percent at P32.7 billion.
Despite the impact of the COVID-19 pandemic on the Company’s business operations, Vista Land displayed resilience especially in its commercial business with rental revenues dropping only by 7 percent and its ability to quickly launch projects when presented with opportunities due to its land bank and presence across the country.
“The past year truly challenged our ability to move forward despite the presence of a global health crisis. However, it even proved to be one of our most innovative years yet as we accelerated our digital transformation to reach and to better serve our clients,” said Vista Land Chairman Manuel B. Villar, Jr. ....

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