EMPIRE EAST LAND Holdings Inc. said its net income grew slightly to P141.3 million in the first nine months of the year from P140.6 million a year ago.

"We are happy that Empire East was able to sustain our revenue performance last year amidst the uncertainties brought about by the crisis abroad," Empire East president Anthony Charlemagne Yu said.

Reservation sales of Empire East's ongoing projects reached P2.1 billion in the three quarters. The company maintained an aggressive stance in selling new projects, especially those that are connected to mass transit systems.

Tower 1 of Pioneer Woodlands in Mandaluyong City is now 65-percent sold, while tower 1 of San Lorenzo Place in Makati City has already booked 25 percent of its inventory. Both projects were launched this year.

Empire East is a subsidiary of Megaworld Corp., one of the country's leading residential condominium and business process outsourcing (BPO) office buildings developer.