MANILA, Philippines—Gokongwei-led Robinsons Land Corp. grew its net profit by about 3 percent to P1.19 billion in October to December last year on higher earnings from its shopping mall, office property and residential development businesses. The figures during the three-month period, the first quarter in RLC's fiscal year that ends in September, were based on unaudited numbers and were supported by a 9.2-percent growth in operating income or earnings before income tax during the year, RLC president Freferick Go said on Wednesday. RLC's revenue for the quarter rose by about 10 percent to P3.78 billion from year-ago level. The property company ...
Keep on reading: Robinsons Land profit hit P1.19B in Oct.-Dec.
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