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Ayala Land income improves to P21.2B

STRONGER property demand and consumer activity drove property developer Ayala Land Inc.'s (ALI) net income in the first nine months of 2024 to P21.2 billion, from P18.39 billion a year ago, with consolidated revenues for the period having soared to P125.2 billion.

'We are pleased with the solid results delivered across our business lines,' ALI President and CEO Anna Margarita Bautista-Dy said.