Ayala Jan-Sept net rises 19% to P36.7B

By Earl John Alfaro

Nov 14, 2024 12:19 am

THE country's oldest conglomerate, Ayala Corp., on Wednesday said that core net income for the first nine months of 2024 rose 19 percent from a year ago, driven mainly by solid contributions from its banking, real estate, telco, and energy and infrastructure subsidiaries.

'Including one-off items, Ayala's reported net income increased 5.0 percent to P34 billion,' the company said in a disclosure.

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