Ayala Land posted double-digit income growth in first quarter

Philippines News News

Ayala Land posted double-digit income growth in first quarter
Philippines Latest News,Philippines Headlines
  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 55%

Defining the News

Property developer Ayala Land Inc booked a double-digit growth in first-quarter profit and revenues on the back of the robust performance from its residential, mall and hospitality businesses.

“Anchored on the resiliency of the local property market and consumer activity, we look forward to executing our plans to support our growth aspiration for 2024,” she said. Residential reservation sales totaled P33.3 billion in the first quarter of 2024, up 20 percent from a year ago. This was led by the strong demand for products in the premium and vertical segments.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MlaStandard /  🏆 20. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ayala Land Premier’s Gardencourt Residences structurally completes second of five towersAyala Land Premier’s Gardencourt Residences structurally completes second of five towersDefining the News
Read more »

Ayala Land gets shareholder approval for merger with 34 subsidiariesAyala Land gets shareholder approval for merger with 34 subsidiariesAyala Land Inc. (ALI) on Thursday secured shareholder approval to merge with 34 of its subsidiaries, as part of an internal restructuring which seeks to simplify its ownership structure and reach “operational synergies” moving forward.
Read more »

Ayala Land’s upscale brand books P12.7-b residential salesAyala Land’s upscale brand books P12.7-b residential salesDefining the News
Read more »

Companies urged: Excuse workers during vaccinationCompanies urged: Excuse workers during vaccinationDefining the News
Read more »

Marcos seeks bilateral free trade pact with USMarcos seeks bilateral free trade pact with USDefining the News
Read more »

Speaker: Indo-Pacific meet will draw more foreign investments for PHSpeaker: Indo-Pacific meet will draw more foreign investments for PHDefining the News
Read more »



Render Time: 2025-02-16 02:41:10