मैगज़्टर गोल्ड के साथ असीमित हो जाओ
9,500 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
RLC profit rises by 10% in 2024
The Philippine Star
|March 08, 2025
Strong investment portfolio growth powered Gokongwei-led real estate developer Robinsons Land Corp. (RLC) to a double-digit profit jump in 2024.
RLC reported a net attributable income to parent of P13.21 billion in 2024, up by 10 percent year-on-year, with revenues rising by two percent to P42.88 billion.
The company's investment portfolio continued to provide strong growth during the year, contributing to 77 percent of revenues.
Revenues of the investment portfolio increased by 14 percent to P32.83 billion, led by malls, followed by offices, hotels and logistics.
RLC's development portfolio, meanwhile, recorded P10.06 billion in realized revenues, supported by residential revenue recognition, deferred land sales and contributions from joint ventures.
"Our strong performance in 2024 reflects Robinsons Land's resilience and strategic focus on sustainable growth. Despite headwinds, we remained agile, leveraging our diverse portfolio and strong balance sheet to drive profitability," RLC president and CEO Mybelle Aragon-GoBio said.
यह कहानी The Philippine Star के March 08, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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