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ALI profits rise despite ECQ James A. Loyola Ayala Land Inc. (ALI) posted a 35 percent rise in consolidated net income to P8.6 billion in the first nine months of 2021 as business operations continued to improve despite the reimposition of stricter quarantine restrictions from August to September.
Ayala Land Inc. on Wednesday said its income in January to September grew 35 percent to P8.58 billion from last year’s P6.36 billion, as its operations improved despite the re-imposition of stricter quarantine restrictions in August. Revenues were up by 15 percent to P72.6 billion from last year’s P63.32 billion,…