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Ayala Land cuts capital spending to P80B this year - BusinessWorld Online

Ayala Land cuts capital spending to P80B this year - BusinessWorld Online
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ALI Q1 earnings improve, eyes sale of P100-B worth of new homes

Ayala Land Inc. (ALI) reported a 14 percent improvement in net income to P3.2 billion in the first quarter of 2022 from P2.78 billion in the same period last year, supported by continuing cost-efficiency measures amidst the pandemic.
In a disclosure to the Philippine Stock Exchange, the firm said c ....

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Ayala Land posts higher income in Q1

Ayala Land Inc. said its net income for the first quarter reached P3.16 billion, up 14 percent from last year’s P2.77 billion. Revenues came in slightly lower to P24.61 billion from last year’s P24.64 billion, as it saw a contraction in property development and the resurgence in commercial leasing during… ....

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ALI optimistic its businesswill improve this year

Real estate giant Ayala Land Inc. is now ready to open new malls and pursue the construction of new ones as it becomes more optimistic that consumers are going out again as the economy reopens.
ALI Chairman Fernando Zobel de Ayala during the firm’s annual stockholders’ meeting noted that declining ....

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