Lucio Tan’s Eton Properties gained profit in the first quarter this year despite the economic meltdown that happened late 2008. Eton Properties gained a profit of P40.6 million in the first half of 2009 a major turnaround they lost last 2008 which was P140.2 million. The 2-year property development plan of Lucio Tan is expecting to gain more when Eton Residences in Greenbelt, Makati and Eton Baypark, Manila open in 2009. In addition to residential properties, they are also expecting lease income from Eton Cyberpod Centris and Eton Cyberpod Corinthian which will operate at the third quarter of 2009.