Monday 10 December 2018
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inquirer - 4 month ago

RLC 6-mo profit up 14%

Gokongwei-led Robinsons Land Corp. posted a 14-percent year-on-year growth in first semester net profit to P3.33 billion as both investment and development portfolios fueled earnings growth. For the second quarter alone, net profit rose by 16 percent year-on-year to P1.79 billion, RLC disclosed to the Philippine Stock Exchange. Six-month consolidated revenue went up by 19 percent year-on-year to P13.1 billion, while overall cash flow as measured by earnings before interest, taxes, depreciation and amortiz

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