CLS Holdings plc (CLI) Earnings Call Transcripts
CLS Holdings plc's Latest Earnings Call - Q1 FY2026
In the first quarter of 2026, Cebu Landmasters, Inc. (CLI) reported a robust 20% year-on-year revenue growth, reaching PHP 6 billion, driven primarily by residential sales. Despite this growth, net income attributable to parent shareholders decreased to PHP 881 million, impacted by a prior year one-time gain of PHP 0.9 billion. Management maintained a positive outlook, signaling continued project launches and a target capital expenditure of PHP 20 billion for the fiscal year.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | PHP 6 billion (beat) |
| Net Income | PHP 881 million (miss) |
| EPS | PHP 0.25 (null) |
| Gross Profit Margin | 51% (positive) |
| Debt-to-Equity Ratio | 1.59x (positive) |
| Recurring Income Growth | 15% (positive) |
Guidance from management
Management maintained a target capital expenditure of PHP 20 billion for 2026, with a focus on project development and ongoing construction.
What management said
Last year, during the first quarter, we had a onetime sale of a strategic asset in a strategic unit in one of our assets, and it contributed PHP 0.9 billion in net income. That's why there's still a decline in year-on-year net income in spite of the 20% growth in the revenue.
Yes. Let me take that. So for 2026, as we also disclosed during our briefing earlier this year for full year 2025, we still target the same amount, that's PHP 20 billion, of which 63% would pertain to project development or around PHP 12.7 billion. As mentioned by Franco, there's no stopping. We will continue with continuing and delivering these projects, especially for those that we've already programmed for takeout...
What analysts pressed on
Analysts raised questions regarding the decline in net income despite revenue growth and the impact of rising construction costs. There were also inquiries about the company's ability to maintain sales momentum amid economic uncertainties.
Main topics on the call
- Revenue Growth — CLI achieved a revenue of PHP 6 billion in Q1 2026, a 20% increase from PHP 5 billion in the same period last year. Management stated, "the main driver was sale of real estate and related revenues, which rose 20%".
- Net Income Decline — Despite revenue growth, net income fell to PHP 881 million due to a one-time gain in the previous year. CFO Paquita Rafols noted, "Last year, during the first quarter, we had a one-time sale of a strategic asset... that’...
- Strong Sales Performance — Residential reservation sales reached PHP 4.6 billion, supported by resilient end-user demand. CLI reported that "92% sold across all projects" indicates strong market positioning.
- Recurring Income Growth — Recurring income grew by 15% year-on-year, with hotel revenues increasing by 14% to PHP 119 million. This diversification is seen as a positive indicator for future stability.
Read the full CLS Holdings plc transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About CLS Holdings plc
CLS Holdings plc (CLI) is a publicly listed company in the Office REITs industry, within the Real Estate sector. It trades on LSE and is based in GB. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 29 calls on record spanning March 5, 2020 to August 12, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 29 CLS Holdings plc earnings call transcripts on record, spanning March 5, 2020 to August 12, 2026. Based on this history, CLS Holdings plc reports quarterly. The most recent call on file is dated August 12, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- CLI
- Exchange
- LSE
- Country
- GB
- Sector
- Real Estate
- Industry
- Office REITs
- Calls on record
- 29
- First call
- March 5, 2020
- Most recent
- August 12, 2026
- Reporting cadence
- quarterly