Ayala Land, Inc. (ALI) on Wednesday reported a 15-percent increase in net income to P21.2 billion in the first nine months of 2024 from the same period
Ayala Land, Inc. on Wednesday reported a 15-percent increase in net income to P21.2 billion in the first nine months of 2024 from the same period last year.
Residential revenues improved 35 percent to P64.2 billion, while revenues from commercial and industrial lots surged 51 percent to P10.4 billion.Nine-month residential sales reservations increased 17 percent to P100.5 billion, driven by the premium market. “With signs of market headwinds clearing, coupled with our reinvention initiatives, we look forward to continue delivering high-quality products to our stakeholders,” she said.
Total launches for the period reached P45.6 billion, with a 51-49 split between vertical and horizontal projects.
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