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Villar's Golden MV earnings reach nearly P1T

Summary by Inquirer
MANILA, Philippines – Golden MV Holdings Inc., the mass housing and memorial park developer led by real estate mogul Manuel Villar, saw its net income last year balloon to nearly P1 trillion on gains from the assessment of its investment properties, the highest in Philippine history. The company disclosed to the stock exchange on Monday

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Villar's Golden MV earnings reach nearly P1T

MANILA, Philippines – Golden MV Holdings Inc., the mass housing and memorial park developer led by real estate mogul Manuel Villar, saw its net income last year balloon to nearly P1 trillion on gains from the assessment of its investment properties, the highest in Philippine history. The company disclosed to the stock exchange on Monday

·Manila, Philippines
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Manila BulletinManila Bulletin
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Asset-buying spree drives Villar's Golden MV profits to a staggering ₱1 trillion

The future Villar CityGolden MV Holdings Inc., the deathcare and property development business of billionaire Manuel B. Villar surged to ₱999.72 billion last year from ₱1.46 billion in 2023 as its assets in Villar City grew in value by ₱1.33 trillion.In a disclosure to the Philippine Stock Exchange, the firm said its revenues decreased 25 percent from ₱4.76 billion in 2023 to ₱3.58 billion last year, mainly due to the decline in real estate sale…

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bworldonline.combworldonline.com

Golden MV earnings soar to P1T due to property valuation gains - BusinessWorld Online

VILLAR-LED property developer Golden MV Holdings, Inc.’s net income surged to P999.72 billion last year from P1.46 billion a year earlier, spurred by fair value gains on its properties. Fair value gains on investment properties ballooned to P1.33 trillion from P59 million in 2023, the company told the Philippine Stock Exchange in a disclosure. Revenue dropped 25% to P3.58 billion as real estate sales dropped 26% to P3.31 billion on the back of l…

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Manila Bulletin broke the news in on Monday, March 31, 2025.
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