Business > Top Business
Alliance Global posts steady 9-month profit

ANDREW Tan-led Alliance Global Group Inc. (AGI) posted a net income of P20 billion for the first nine months of 2024, unchanged from a year ago, while consolidated revenues rose 7.45 percent to P161.6 billion from P150.4 billion, driven by strong sales in business segments.

'AGI's healthy top-line performance in the first three quarters of the year was largely driven by significant increases in residential sales in the real estate business, coupled with rising contribution from its hospitality segment and quick-service restaurants,' AGI President and CEO Kevin Tan said.