UNDER-VLAUED AYALA LAND – WE WILL CONTINUE BUYING THIS STOCK FOR LONG TERM GROWTH.
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.
WHAT IS THE TECHNICAL CHART SAYS ABOUT AYALA LAND?
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.