Mar 14th 2008, 13:59 SLIBRE SLIB Real Estate
by Tyrian Camilo

One milestone achieved

SLIB Real Estate has achieved a milestone of mainland sales revenue, a WHOPPING 125,473.59US$ in Revenue since end of February, 2007.

1st of March, 2007 to 1st of March, 2008 revenue was:
122,355.02US$, and 3,418,428sqm sold.

Our profit margins has been generally 10-25%, and total average profit margin 11.4%. We have been selling an average of 284,869sqm per month, and our selling stock being way less than this on average.

17th of March, 2007 our land holdings were 13,573sqm, and today our land holdings is roughly 321,000sqm (checked today afternoon) with 6 islands.

SLIB Real Estate first time broke the 200,000sqm land holdings milestone around Mid/Late May, 2007, with our land holdings peak 31st of July, 2007 of 400,350sqm. Just few days before we endeavoured to estate business also.

So far estate business has brought us:
1,173,959L$ in tier payments
1,036,854L$ in land sales (210,336sqm sold at average of 4.929L$/sqm)


Best Regards,
Tyrian Camilo