Tuesday 20 February 2018
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6 days ago

Ayala Land nets P25.3B

Property giant Ayala Land Inc. (ALI) chalked up a net income of P25.3 billion last year on higher earnings across all business segments. Last year s performance translated to a return on equity of 16.1 percent, ALI reported to the Philippine Stock Exchange on Wednesday. Total revenues grew by 14 percent to P142.3 billion, owing to substantial bookings and completion of its property development projects and expanding leasing business. As an indicator of sustained revenue growth, ALI reported a resurgenc

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