MANILA, Philippines – Ayala Land Inc. (ALI) reported Monday that its net income in the first nine months was almost flat at P21.4 billion following “softer” operations from its property development business. Consolidated revenues in the period were down by 2.7 percent to P121.8 billion from P125.2 billion a year earlier. Revenues from its property development business reached P75.9 billion, slightly weaker than the P76.6 billion booked in the same period last year. READ: Ayala Land sees sales ringing up in second half Its leasing and hospitality business, on the other hand, posted a 6-percent growth at P35.1 billion. “Ayala […]... Keep on reading: Ayala Land 9-mo income flat at P21.4B