AYALA Corp. (AC) reported retained earnings of P176.804 billion in an unaudited consolidated financial filing as of March 31, 2018, up P6.502 billion, or 3.818 percent, from P170.302 billion as of Dec. 31, 2017. The holding company’sconsolidated net income in the first three months increased to P12.891 billion from P11.568 billion in the same period in 2017.