Italpinas profits soar 100% in 2024

Italpinas Development Corp. (IDC) has reported a 100.6% increase in its sales in 2024.

According to IDC, its ''impressive performance'' for the 2024 had marked a pivotal year of growth and achievement as it reached P600.26 million sales compared to P299.11 million in 2023.

''This remarkable rise is attributed to the thriving sales of ongoing projects like Primavera City Verde in Cagayan De Oro and Miramonti 1 in Sto. Tomas Batangas,'' the IDC said in a press release Monday.

The IDC has recently entered into a strategic joint venture with AV Pamatong Trading & Construction Inc. (AVP) to enhance the third phase of its Primavera City complex.

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