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REAL estate firm Robinsons Land Corp. said Thursday that net income attributable to its parent grew by 31 percent to P8.84 billion as of end-September, from P6.74 billion a year earlier, on strong revenue growth across all its business units.
Gokongwei-led Robinsons Land Corporation saw a double-digit increase in its bottom line in the first six months of 2023.
Robinsons Land Corp. the property unit of the Gokongwei family, reported a net income of P2.66 billion in the first quarter, up 90 percent year-on-year and eclipsing pre-pandemic earnings by 45 percent.
Robinsons Land Corporation, one of the country’s leading property developers, is planning to raise up to P15 billion from a bond issuance representing the initial tranche of its P30 billion shelf-registered bonds. RLC’s proposed bond issuance is worth P10 billion with an oversubscription option of
Robinsons Land Corp., the Gokongwei-led listed property developer, reported a consolidated net income of P8.5 billion last year, up 62 percent.