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ALLHC's earnings continue to recover

ALLHC's earnings continue to recover
By JAMES A. LOYOLA
AyalaLand Logistics Holdings Corp. (ALLHC), the industrial arm of Ayala Land, Inc. (ALI), reported an 11 percent improvement in net income to P780 million in 2021 as it continues to recover amidst the ongoing pandemic.
In a disclosure to the ....

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Ayala unit aims for dominance in local real estate logistics

Ayala unit aims for dominance in local real estate logistics
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Ayala Land expects recovery to start in second half


BusinessWorld
April 22, 2021 | 12:07 am
AYALALAND.COM.PH
LISTED property developer Ayala Land, Inc. is expecting to recover by the second half of the year and is preparing P100-billion worth of residential products in the pipeline.
“With the steady rollout of our ambitious national vaccination program, of which the Ayala Group and especially Ayala Land would play a critical role, I believe that we can start to show signs of recovery by the second half of this year,” Ayala Land Chairman Fernando Zobel de Ayala said at the virtual stockholders’ meeting on Wednesday morning.
However, the company believes it will take around two to three years to return to pre-pandemic levels. ....

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