Ayala Land nets P28.3B; sets 2025 capex of P95B

By Earl John Alfaro

Feb 21, 2025 12:16 am

PROPERTY developer Ayala Land Inc. (ALI) on Thursday reported a net income of P28.2 billion for 2024, up 15 percent from the year-earlier P24.5 billion and also said that it was looking to spend P95 billion this year to bolster its expansion.

Last year's income growth, it told the stock exchange, was anchored on solid growth across a diversified portfolio that also resulted in record-high revenues of P180.7 billion.

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