DAVAO PROPERTY

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                    [ArticleID] => 297745
                    [Title] => Waterfront Philippines posts 4% net profit hike of P3.9M
                    [Summary] => From a net loss of P202 million in 2003, Waterfront Philippines Inc. (WPI) posted a four percent net profit increase of P3.9 million in 2004 as the company implemented cost cutting measures and aggressive market positioning.


Also, the country's strong tourism market specifically in Cebu, where two of WPI's four properties are located, buoyed WPI's sound financial revenue last year, said newly elected WPI president Rexlon T. Gatchalian, during the 2004 WPI Stockholders Meeting, held over the weekend at the Waterfront Cebu City Hotel and Casino (WCCHC) in Lahug.


                    [DatePublished] => 2005-09-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1298072
                    [AuthorName] => Ehda Dagooc
                    [SectionName] => Freeman Cebu Business
                    [SectionUrl] => cebu-business
                    [URL] => 
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Waterfront Philippines posts 4% net profit hike of P3.9M

By Ehda Dagooc | September 20, 2005 - 12:00am

From a net loss of P202 million in 2003, Waterfront Philippines Inc. (WPI) posted a four percent net profit increase of P3.9 million in 2004 as the company implemented cost cutting measures and aggressive market...

Freeman Cebu Business