Image via WikipediaMANILA, Philippines – Eton Properties Philippines Inc. expects earnings to jump 43 percent to hit the P1-billion mark next year from its target of P700 million in 2010 as it continues to reap rewards from the boom in the residential sector.
The company is slated to deliver over 3,600 residential units in 2011 encompassing units in The Eton Residences Greenbelt, Eton Parkview Greenbelt and Belton Place, all in Makati, as well as Manila projects, Eton Baypark Manila, and tower 2 of One Archers Place in Taft Avenue, said Eton president Danilo Ignacio in a press briefing.
Eton Emerald Lofts in Ortigas Center, Pasig, the island lots in South Lake Village and lots in Riverbend, both in Eton City in Sta. Rosa, Laguna, and additional clusters of The Manors of subsidiary Belton Communities' North Belton Communities project, are also slated for turnover.
Also seen to contribute to the firm’s earnings next year is the income stream from the company's initial office and commercial projects.
http://www.mb.com.ph/node/292412/eton-propertie
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