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