Ayala Land income hits P23B in Jan-Sept

By Tyrone Jasper C. Piad

Nov 06, 2019 12:18 am

LISTED Ayala Land Inc.’s (ALI) net income surged to P23.2 billion in the first nine months of 2019 on the back of higher revenues, mostly from its real estate segment.

In a disclosure on Tuesday, the Ayala-led property developer said the amount was a 12-percent increase from P20.77 billion in the January-to-September 2018 period.

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