RCR exceeds financial target for 2021

By Faye Almazan

Feb 22, 2022 12:12 am

GOKONGWEI'S RL Commercial REIT Inc. (RCR) said it exceeded its financial target for last year as it saw higher revenues and net income.

In a disclosure to the exchange on Monday, the real estate investment trust (REIT) company reported full year revenues of P2.09 billion and profit of P1.68 billion in 2021, higher than its REIT plan projection.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Security Bank to buy stake in Home Credit

First Gen unit secures P7-B loan from banks

Megawide to build new Caticlan airport terminal

Globe secures P3-B loan from sister firm

Aboitiz Infra wins bid to upgrade Bohol airport

BDO Capital sees opportunities in growing PH energy investments

NGCP fined P12.3M over delayed projects