Ayala Net Income Climbs 15% to PhP5.8B in 1Q 2016

Makati—(PHStocks)—Ayala Corp. (PSE: AC) recorded a net income of PhP5.8 billion in the first quarter of the year, expanding 15% from a year ago, as most of its businesses performed well with largest growth coming from its real estate, power generation, and automotive businesses. This strong first quarter results was driven by the equity earnings contribution […]
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Ayala Land 2015 Net Income Up 19% to PhP17.6B

Makati—(PHStocks)—Ayala Land Inc. (PSE: ALI) reported a net income of PhP17.6 billion in 2015, growing by 19% from PhP14.8 billion in 2014. Consolidated revenues reached PhP107.2 billion, 13% higher than the PhP95.2 billion it posted in the previous year. The growth was attributed to the sustained performance of the company’s property development and leasing businesses, […]
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Metro Retail Stores Group Acquires SIAL Assets

Mandaue—(PHStocks)—Metro Retail Stores Group Inc. (PSE: MRSGI) has entered into a Deed of Absolute Sale with SIAL Specialty Retailers Inc., whereby MRSGI acquired from SIAL the store assets of SIAL’s department stores located at Fairview Terraces Mall and UP Town Center Mall. The transaction will allow MRSGI to expand its network of department stores in […]
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Shopping Frenzy Spurs PH Mall Owners to Add Record Space

Philippine builders like SM Prime Holdings Inc. (PSE: SMPH) and Ayala Land Inc. (PSE: ALI) can’t add retail space fast enough to satisfy demand from Southeast Asia’s most-confident consumers that pack Manila’s malls. Related Articles:PHStocks Exclusive: Top 50 Stock Price Gainers in AugustPH Stocks Breach 6,900PH Stocks End LowerPH Stocks Down on Profit TakingPH Stocks Surge […]
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Ayala 1H 2015 Earnings Up 6% to PhP10.4B

Makati—(PHStocks)—Ayala Corp. (PSE: AC)’s net income rose 6 percent to PhP10.4 billion in the first half of the year driven by the double-digit growth in its telecom, real estate, banking, and electronics businesses, and boosted by the positive performance of its power generation unit. Excluding the previous year’s divestment gains from the sale of Stream Global Services, Ayala’s business […]
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Ayala Land Posts 19% Net Profit Growth in 1H 2015

Makati—(PHStocks)—Ayala Land Inc. (PSE: ALI) posted a net income of PhP8.39 billion in the first six months of 2015, which was 19% higher than last year’s PhP7.05 billion. Consolidated revenues amounted to PhP50.61 billion, which increased by 10% driven by the sustained momentum of its real estate businesses composed of property development, commercial leasing and […]
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Ayala Acquires 50% Stake in Generika

Makati—(PHStocks)—The Ayala group is entering the affordable retail healthcare space with the acquisition of a 50 percent stake in the Generika group, one of the pioneers in the retail distribution of quality generic medicines in the country with over 500 stores nationwide. Ayala Healthcare Holdings Inc., a wholly owned subsidiary of Ayala Corp. (PSE: AC), […]
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Aseana City in New Development Push

The 204-ha Aseana City is being positioned to become the new Philippine tourism capital before the end of the decade, with the completion of landmark projects by local developers, and resort and casino owners within the next several years. Related Articles:Panay Energy Secures PhP11B Loan Facility for Expansion ProjectPHStocks Exclusive: Top 50 Stock Price Gainers […]
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