Italpinas earnings up 69% in Jan-Mar

By Faye Almazan

Jul 05, 2020 12:08 am

Italpinas Development Corp. saw its net income surge by 69 percent to P15.62 million in the first quarter of 2020 from P9.26 million in the same period last year.

In a disclosure on Friday, the listed real estate developer credited the increase to the 25-percent rise of its sales to P134.5 million from P107.6 million year-on-year.

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