Property developer Ortigas & Co. Ltd. expects to grow by double-digits this year as it banks on the completion of its projects and the recognition of sales from its previous developments.
In a briefing, Joey Santos, Ortigas and Co. deputy chief operating officer, said the firm may grow its revenues by 20 percent from last year’s P2 billion. About 70 percent of the revenues generated last year came from the company’s leasing business, allowing Ortigas to book an income of P600 million.
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