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Ayala Group's property business logs P4.5B net income

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Ayala Group's property business logs P4.5B net income

• AYALA Land Inc pusoy
  
  ’s diversified real-estate portfolio generated consolidated revenues of P30 pusoy
  
  9 billion, up 26 percent year-on-year, and net income showed significant growth of 42 percent, reaching P4 pusoy
  
  5 billion pusoy
  
  Despite the prevailing higher interest-rate environment, residential demand remained resilient, resulting in P27 pusoy
  
  7 billion in gross reservation sales, representing a 15 percent increase compared to last year pusoy
  
  Property development revenues increased by eight to P17 pusoy
  
  1 billion, driven by higher residential completions, bookings, and the sale of office units pusoy
  
  Residential revenues reached P14 pusoy
  
  2 billion, up 10 percent while office-for-sale revenues logged a 43 percent growth pusoy
  
  pusoy
  
  AYALA Land Inc pusoy
  
  ’s diversified real-estate portfolio generated consolidated revenues of P30 pusoy
  
  9 billion, up 26 percent year-on-year, and net income showed significant growth of 42 percent, reaching P4 pusoy
  
  5 billion pusoy
  
  Despite the prevailing higher interest-rate environment, residential demand remained resilient, resulting in P27 pusoy
  
  7 billion in gross reservation sales, representing a 15 percent increase compared to last year pusoy
  
  Property development revenues increased by eight to P17 pusoy
  
  1 billion, driven by higher residential completions, bookings, and the sale of office units pusoy
  
  Residential revenues reached P14 pusoy
  
  2 billion, up 10 percent while office-for-sale revenues logged a 43 percent growth pusoy
  
  pusoy
  
  

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