Ayala Land, Inc. is a real estate firm based in the Philippines. It is a subsidiary of Ayala Corporation. It began as a division of Ayala Corporation until it was spun off and incorporated in 1988. It became publicly listed in the Philippine Stock Exchange in 1991.


Ayala Land’s net income climbs 16% to P29.2B in 2018

Feb. 15, 2019 – Ayala Land, Inc. (ALI), the Philippine’s largest integrated property and sustainable estates developer, posted solid top-line and bottom-line growth in 2018.

ALI’s consolidated revenues climbed 17% to P166.2 billion driven by sustained demand for residential products and the healthy performance of its leasing businesses. Property development revenues rose 18% to P113.4 billion owing to strong sales across its residential, office for sale and commercial lot segments. Meanwhile, leasing revenues grew 17% to P34.9 billion on the back of robust local consumption, the increasing demand in BPO offices and a thriving tourism sector. All in all, net income grew 16% to P29.2 billion. – Read More @ https://www.ayalaland.com.ph/ayala-land-net-income-2018/

Article by: Finwaze.

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