Ayala Land expands net income by 39%

MANILA, Philippines — Heightened consumer activity and property demand buoyed the first-quarter earnings of real estate giant Ayala Land Inc. by 39 percent to P6.3 billion, with the Zobel-led firm eyeing more premium projects this year. Ayala Land on Wednesday said revenues had surged by 33 percent to P41 billion during the period as property
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