CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Nov 14, 2023
2. SEC Identification Number
CS200321240
3. BIR Tax Identification No.
227-599-320-000
4. Exact name of issuer as specified in its charter
CEBU LANDMASTERS, INC.
5. Province, country or other jurisdiction of incorporation
CEBU CITY, CEBU, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10TH FLOOR, PARK CENTRALE, B2 L3, JOSE MA. DEL MAR ST., CEBU IT PARK, APAS, CEBU CITYPostal Code6000
8. Issuer's telephone number, including area code
(032) 2314914
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
COMMON SHARES
3,465,201,467
11. Indicate the item numbers reported herein
common shares
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Cebu Landmasters, Inc.CLI
PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
9M 2023 Financial and operating highlights
Background/Description of the Disclosure
1. SUSTAINED EARNINGS GROWTH MOMENTUM. - Consolidated NIAT rose by 28%, while NIAT to parent increased to P2.4 Bn from P2.2 Bn in 9M 2022.
2. ROBUST TOP LINE GROWTH ACROSS ALL SEGMENTS - Consolidated Revenue surged to P12.93 Bn from P10.96 Bn in 9M 2022, recorded 18% growth with continued build-up of Unrealized Revenue to P30 Bn.
3. RECORD BREAKING SALES PERFORMANCE -Highest 9M sales performance of P17Bn , a growth of 25% driven by fresh inventory, with 93% sell out status across all stages of developments.
4. PERSISTENT LAUNCH OF QUALITY PROJECTS - Launched P15Bn worth, 21% higher than P12.3Bn in 9M 2022.
5. STEADY GROWTH IN ASSETS -Asset growth was driven by progress in construction from sold units
6. CONTINUOUS BUILD UP OF LANDBANK - Newly acquired land in Gensan bringing land bank to 112.5 ha worth P9.8Bn.