Ayala Land books P14.2B H1 2025 net income, up 8%
In a statement, Ayala Land said the bottom line growth came after it booked a consolidated revenue of P83.1 billion 'on the back of steady property development revenues and solid leasing and hospitality operations.'
In particular, the company posted property development revenues of P52.3 billion with residential sales standing at P41.3 billion and commercial and industrial lot revenues amounting to P9.1 billion.
Moreover, earnings from its offices-for-sale business stood at P1.9 billion.
Ayala Land said its leasing and hospitality group saw its revenues reach P23.2 billion during the period.
'Our sales momentum is improving, and we are preparing for a busy second half with P57 billion in new property development launches, and the completion of reinvention works of malls and hotels,' said Ayala Land president and CEO Anna Ma. Margarita Bautista-Dy. —VAL, GMA Integrated News
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