Citicore Energy REIT posted 18% profit growth in Q1

MANILA, Philippines  — Tycoon Edgar Saavedra’s Citicore Energy REIT Corp. (CREIT) booked a net income of P359.28 million in the first quarter of this year, up by 18 percent, as it gained from its newly acquired properties. In a disclosure on Tuesday, CREIT said its newly acquired parcels of land in Batangas, Pampanga, and Pangasinan
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