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Ayala Land unit income down 37% • VG Cabuag

Ayala Land Logistics Holdings Corp., a unit of property developer Ayala Land Inc., said its income in January to September declined by 37 percent to P354 million from the previous year’s P565.27 million. Consolidated revenues for the period fell 23 percent to P2.1 billion from the previous year’s P2.74 billion. The company said domestic demand
Santo Tomas Davao City Cavite City Batangas City Alogis Artico Mandaue Alogis Calamba

Ayala unit inks deal with Newbie Station

AyalaLand Logistics Holdings Corp. (ALLHC) recently sealed a deal with Newbie Station Logistic Inc., granting the latter a 13,000-square meter of gross leasable area of ready-built facilities at the ALogis Biñan 4 warehouse hub at Laguna Technopark, one of ALLHC’s premier industrial estates spanning the cities of Sta. Rosa and…
Cavite City Davao City Patrick Avila Rowenam Tomeldan Alogis Calamba Alogis Artico

ALLHC profits up 10% despite lower mall revenues

Published May 8, 2021, 6:30 AM AyalaLand Logistics Holdings Corp. (ALLHC) posted a 10 percent improvement in net income to P165 million in the first quarter of 2021, driven by tightened spending and cost-management initiatives amidst the challenging environment. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues amounted to P964 million, 19.67 percent lower than in the same period last year. Revenues from the sale of industrial lots registered at P383 million,...
Davao City Maria Rowenam Torneldan Alogis Calamba Alogis Artico Ayalaland Logistics Holdings Corp Tutuban Center
Source: mb.com.ph

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