In a disclosure to the Philippine Stock Exchange, the firm said its net income increased by 107 percent. It did not provide comparative figures for both 2021 and 2020.The substantial rise in revenue was attributed mainly to its new projects in Antipolo and in San Pedro, Laguna which comprised 53 percent of HTI’s total sales. The remaining 47 percent came from the sale of units in HTI’s existing projects.
Despite the challenges being faced due to the COVID-19 pandemic HTI President Maria Rachel D. Madlambayan said the company continues to show strong sales performance due to the consistent rise in demand for its products.Based on data gathered, almost 100 percent of the company’s units in its new projects have already been committed to buyers.
It said this will also include aggressive initiatives in carefully planning on entering into strategic partnerships and business ventures with leading players in the real estate development industry.
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