D.M. Wenceslao and Associates Inc. (DMW) said Tuesday that net income in the three months ending March 2024 rose 5 percent to P551 million, from P526 million last year, on the back of robust leasing operations.

In a statement, DMW Chief Executive Officer Delfin Angelo Wenceslao said the firm's first-quarter performance demonstrated its "strategic foresight in cultivating a holistic real estate portfolio."

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