Ayala Land Inc.
MANILA, Philippines — Property giant Ayala Land Inc. (ALI) saw its first-half earnings fall by nearly a fifth to P11.5 billion as its property development business navigated a challenging operating environment.
In a disclosure on Monday, ALI said its net income had declined by about 19 percent from P14.2 billion in the same period last year.
READ: Ayala Land Q1 profit drops to P5.4B
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