C05922-2023 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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Common Shares | 14,956,713,121 | |
Preferred Shares | 12,442,497,623 |
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Subject of the Disclosure |
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ALI 1H 2023 Financial and Operating Results Press Release |
Background/Description of the Disclosure |
Ayala Land Inc. (ALI) delivered solid operational results in the first half of 2023, fueled by the sustained resilience of the property market and consumer activity despite prevailing macroeconomic concerns. With consecutive growth in the first two quarters of the year, ALI posted a total net income of P11.4 billion, up 41% year-on-year. In the second quarter, net income amounted to P6.9 billion, 52% more than the first quarter of 2023. Consolidated revenues registered at P66.0 billion in the first half, 24% higher year-on-year, as second-quarter revenues reached P35.1 billion, 14% better than the first quarter of 2023. |
Other Relevant Information |
Please see the attached press release for more information. |
Name | Michael Blase Aquilizan |
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Designation | Manager |