Ayala Land earnings surge 35%

By Faye Almazan

Nov 04, 2021 12:13 am

AYALA Land Inc. reported double-digit growth in both its nine-month net income and consolidated revenues as its business operations continued to improve despite the reimposition of stricter restrictions last August.

The property giant on Wednesday said its net income climbed by 35 percent to P8.6 billion in the first three quarters of the year, while revenues rose 15 percent to P72.6 billion during the period.

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