FOLLOWING a record 2023 performance, the Ayala Group is further increasing its capital expenditure (capex) budget for this year to P284 billion to sustain its growth momentum.
"The budget for the year is P284 billion. That's about a 14 percent increase from last year," said Albert de Larrazabal, chief finance officer at Ayala Corp., the Zobel family's listed holding company.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.