Robinsons Land Corporation , the diversified real estate arm of the Gokongwei Group, repored a 23 percent growth in attributable net income to P5.78 billion in the first half of the year.
RLC’s investment portfolio contributed 71 percent of total revenues, 78 percent of overall EBITDA, and 72 percent of consolidated operating income, driven by the continued resurgence of the mall and hotel businesses. On the other hand, RLC Residences and Robinsons Homes, under the Company’s property development portfolio, generated P5.39 billion in realized revenues for the first half of 2023.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: