GERI posted 3% profit growth in 2023

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8 months ago

MANILA, Philippines — Global Estate Resorts Inc. (GERI) of tycoon Andrew Tan’s Megaworld Group booked a 3-percent increase in earnings in 2023, owing to the strong performance of its real estate, rental, and hotel operations. According to GERI, its net income improved to P1.8 billion, while revenues climbed by 14 percent to P8.3 billion. “As

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