C06218-2016 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 14,712,682,588 | |
Preferred Shares | 13,066,494,759 |
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Subject of the Disclosure |
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Ayala Land’s 9-month net income up 17% to P15.06 billion |
Background/Description of the Disclosure |
Ayala Land, Inc. (ALI) continued to perform steadily in the past nine months of 2016, delivering a net income of P15.06 billion, a 17% increase from the P12.83 billion posted in the same period last year. Consolidated revenues reached P85.49 billion, 14% higher than the P75.05 billion it posted in 2015. Revenues from real estate increased by 15% to P80.50 billion, driven by the sustained growth of the residential and office for sale segments, and the strong performance of shopping centers. |
Other Relevant Information |
None |
Name | Albert Ong |
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Designation | Manager |