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Ayala records P45-B profit as of end-Sept

AYALA Corp. saw net income for the first nine months of the year climb to P44.68 billion from P35.32 billion a year ago, fueled by higher contributions from units Bank of the Philippine Islands (BPI), Ayala Land, and ACEN Corp.

Consolidated revenues surged to P245.38 billion from P216.2 billion last year, the conglomerate said in a disclosure on Tuesday.