Ayala Land, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 03, 2021 at 07:34 pm EDT
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Ayala Land, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was PHP 24,317.911 million compared to PHP 12,796.119 million a year ago. Net income was PHP 3,261.788 million compared to PHP 196.771 million a year ago. Basic earnings per share from continuing operations was PHP 0.22 compared to PHP 0.01 a year ago. For the half year, total revenue was PHP 48,956.887 million compared to PHP 41,198.890 million a year ago. Net income was PHP 6,041.236 million compared to PHP 4,518.250 million a year ago. Basic earnings per share from continuing operations was PHP 0.41 compared to PHP 0.3 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. 
