CONSTRUCTION and property firm D.M. Wenceslao & Associates Inc.'s net income attributable to the parent fell 31.5 percent in the first half, to P913 million from P1.33 billion a year earlier, due to the absence of gains booked from a 2022 land sale.
In a filing with the stock exchange on Monday, the company noted that it had recorded a 1,790-square-meter land sale worth P787.60 million in the first half of last year.
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