Ayala Corp. income reaches P56B in H1

LISTED Ayala Corp.’s consolidated net income more than doubled to P56.14 billion in the first half of 2019 from P27.64 billion in the same period last year on the back of the robust performance of its major businesses.

In a statement of Tuesday, the Ayala-led conglomerate said that of the latest amount, P37.8 billion is net income attributable to owners of the parent company.