Real estate mogul Manuel Villar. — Philippine Daily Inquirer
MANILA: A massive gain from the revaluation of its investment properties resulted in the earnings of Golden MV Holdings Inc skyrocketing to nearly one trillion peso last year, toppling record holder SM Investments Corp (SMIC) from its throne.
The mass housing and memorial park developer led by real estate mogul Manuel Villar disclosed to the stock exchange yesterday that its earnings ballooned to 999.72 billion peso from 1.46 billion peso in 2023.
