Ayala Land, Inc. Reports Earnings Results for the First Quarter Ended March 30, 2024
May 08, 2024 at 04:12 am EDT
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Ayala Land, Inc. reported earnings results for the first quarter ended March 30, 2024. For the first quarter, the company reported revenue was PHP 41,006 million compared to PHP 30,907 million a year ago. Net income was PHP 6,292 million compared to PHP 4,513 million a year ago.
Ayala Land, Inc. is a Philippines-based property developer. The Company is focused on developing integrated and mixed-use real estates. The Company operates through eight segments: Property Development, International Business, Shopping Centers, Offices, Hotels and Resorts, Construction, Property management, and Others. The Company has developed properties in the Makati CBD, Ayala Alabartg, Cebu Park District, Bonifacio Global City, and others. It has approximately 12,000 land, and 49 developed estates. The Company offers diverse portfolio of complementary businesses primarily in the development of residential, office, commercial, and industrial properties for sale, as well as commercial leasing through shopping centers, offices, hotels, resorts, factory buildings, warehouses, co-living, and co-working spaces. Its brands include Ayalaland Premier, Alveo, Avida, Amaia, and BellaVita. The Company's subsidiaries include Alveo Land Corporation, Serendra, Inc., and others.
AYALA LAND, INC. 
