Forest Lake builds legacy as premier memorial park developer
The Philippine Star|October 13, 2024
Forest Lake continues to uphold its commitment to compassionate care, innovative services and customer-centric core values - factors that, to this day, help the industry pioneer sustain its position in the deathcare industry.
Forest Lake builds legacy as premier memorial park developer

Established in 1997 with parks initially built in Zamboanga and Iloilo, Forest Lake now has 37 operational memorial parks across Luzon, Visayas and Mindanao.

Forest Lake subsequently demonstrated consistent growth, with significant expansions between 2005 and 2015, doubling its network from 2016 to 2020, and launching eight new parks from 2021 to 2023. To top this off, Forest Lake surpassed P3 billion in sales in 2023.

Holding the fort as frontrunner, Forest Lake's total revenues in 2023 reached P2.47 billion, a 12 percent growth from its 2022 revenues of P2.17 billion, driven by a higher demand for memorial lots, the introduction of new parks, improved collection efficiency, increased development investments, and higher interment service revenues.

هذه القصة مأخوذة من طبعة October 13, 2024 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 13, 2024 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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