Cebu, besides being one of the biggest tourist attractions in Philippines, is also known for its rich soil. The tropical climate of the island makes for the perfect climatic conditions for growing healthy mango trees. This is why, we at Black Ivory, leapt at the opportunity to invest in 5 hectares of matured mango trees in Cebu.
Our mango plantation grows Carabao mangoes that yield approximately 1450 kilos. The mango trees give us a gross profit of about 22,000 SGD and a net profit of 9200 SGD annually. The plan of expansion for 2020 is to spread out our Carabao mango plantation to 15 hectares.