LandBank income up 12% in Q1

By Anna Leah E. Gonzales

May 20, 2019 12:39 am

GOVERNMENT-OWNED Land Bank of the Philippines’ (LandBank) net income grew by 12 percent to P4.75 billion in the first quarter from P4.26 billion in the same period last year.

In a statement over the weekend, LandBank said the latest amount also exceeded its January-to-March target of P4.16 billion by 14 percent.

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