03/03/2023
Ayala Land, Inc. (ALI) bounced back strongly in 2022 on the strength of the Philippines' reopened economy since the 2020 pandemic. Its diversified real-estate portfolio generated a net income of P18.6 billion, 52% higher, while consolidated revenues grew to P126.2 billion, 19% more year-on-year.
Ayala Land’s net income up 52% with growth across its diversified real estate portfolio.
"We are encouraged by our solid performance in 2022, driven by the full reopening of the Philippine economy and the support of our customers. All major business lines achieved meaningful recovery, a testament to our employees' hard work and dedication," said ALI President and CEO Bernard Vincent O. Dy.
Read more about ALI’s FY22 performance here: https://www.ayalaland.com.ph/ali-fy22-net-income-up-52-to-p18-6b/