Anchor Land Holdings, Inc.

ALHI TARGETS P1 B INCOME THIS YEAR Listed upscale property developer Anchor Land Holdings Inc ALHI is targeting to reach a net income of PI billion this year as it plans to launch several projects and expansions and grow its leases and rentals on the back of bullish real estate sector of the country. ALHI chief finance officer Neil Chua said they are targeting a bottom line of P1 billion and plans to double its topline for 2012. Chua said drivers for the growth targets are the real estate sales and the continuing earnings from... Read more

ANCHOR LAND ALLOTS P4.5B FOR 2012 CAPEX MANILA, Philippines - Binondo-based upscale property developer Anchor Land Holdings Inc. has earmarked P4.5 billion for capital expenditures this year as it plans to launch six new projects. Anchor Land president Elizabeth Ventura said the company's projects would be a mix of horizontal, vertical and commercial developments as part of continuing efforts to diversify markets. "We are ready to ride this wave and we are very optimistic that these new projects would further Anchor Land's profitab... Read more

ANCHOR LAND PROFITS GROW BY HALF IN 2011 MANILA, Philippines - Profits of property developer Anchor Land Holdings Inc. grew by nearly half in 2011, the company told the Philippine Stock Exchange Wednesday. The listed company reported a net income of P842 million, 49-percent higher than the P566 million it posted in 2010. Meanwhile, revenues hit P3 billion, a 13-percent improvement over the P2.66 billion in 2010.The company said this is the fifth consecutive year that its income and revenue grew since listing in 2007. ... Read more

ANCHOR LAND NAMES ELIZABETH VENTURA PRESIDENT Anchor Land Holdings, Inc. has appointed Elizabeth “Beth” Ventura the company’s new president effective August 15, 2011. Prior to her appointment, Ms Ventura was ALHI’s vice president for sales and marketing who is credited for overseeing the growth and professionalization of the company’s dynamic sales force. Ms Ventura holds a bachelor’s degree in Hotel and Restaurant Management from the University of Santo Tomas. She specializes in system sales design, general/sales management, training ... Read more

TOP PSE 50 COMPANIES RANKED BY RETURN ON EQUITY 1H 2011 Source: Biz News Asia (Dec. 13, 2011) Read more

TOP PSE 50 COMPANIES RANKED BY RETURN ON EQUITY 2010 Source: Biz News Asia (Dec. 13, 2011) Read more

ANCHOR LAND NINE-MONTH PROFITS REACH P561 MILLION ANCHOR Land Holdings Inc., a listed niche property developer that targets the Filipino-Chinese market, said profits in the nine months through September rose 40% despite a marginal increase in sales. In a filing to the Philippine Stock Exchange, Anchor Land said net income during the period hit P560.94 million versus P401.14 million in the same period last year. Revenues during the period rose 4.5% to P2.14 billion. Real-estate sales, which account for 90% of revenues, were up 0.4% in ... Read more

ANCHOR LAND Q2 NET INCOME UP 23% LISTED REAL ESTATE developer Anchor Landholdings, Inc. realized a double-digit hike in its net income for the second quarter on the back of higher project completion rates and aggressive land banking from investment properties, it said in a disclosure on Wednesday. Anchor Land’s second quarter net income grew by 23% to P137.7 million versus P112 million earned in the same period last year. For the first half, the company booked P350 million in the net income, up to 40% from P250 million in ye... Read more

ANCHOR LAND IN BCI ASIA'S TOP 10 DEVELOPERS FOR 2011 Listed property developer Anchor Land Holdings, Inc. (PSE: ALHI) has been named one of the Philippines’ top ten developers by BCI Asia for 2011 in recognition of the company’s outstanding performance and consistency in delivering high quality condominiums.The award was received during ceremonies at One Esplanade last May 10 by ALHI Vice Chairman Steve Li, who said the recognition is a testament to Anchor Land’s corporate motto of 100% commitment that has endeared the company to clients and share... Read more

ANCHOR LAND’S H1 NET INCOME UP TO 40% TO PHP350 MILLION Listed real estate developer Anchor Land Holdings, Inc. (PSE:ALHI) reported that its net income for the first half of the year reached Php350 million, up 40% from the Php250 million earned during the same period last year. The company also reported a significant increase in assets which was at Php9.3 billion as of June 30, 2011, more than Php2 billion or 33% higher than the Php7 billion registered as of end 2010. Anchor Land said the hefty increase in its assets during the first six mont... Read more

ANCHOR LAND BOARD CLEARS FUND RAISING VIA PREFERRED SHARE SALE Anchor Land Holdings Inc. obtained board approval to hold a stock rights offering to finance its land banking initiatives.In a disclosure to the Philippine Stock Exchange, Anchor Land said it would hold a rights offering of one preferred share for every common share held by existing share holders as of September 15 at P1 per preferred share.Proceeds from the rights issue would fund the minimum paid up capital requirement for the increase in preferred shares, while the declared common stock divi... Read more