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Ayala Land 1Q18 earnings up 17% to P6.52B

Ayala Land Inc. (ALI) grew its net income to P6.52 billion in the first quarter of 2018, up 17% from the same period in 2017. Total revenues also increased by 17% to P36.98 billion due to the substantial growth of property development and the sustained performance of commercial leasing.

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