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Ayala Corp. reports a 19% rise in core net income to P36.7 billion for the first nine months of 2024.
Ayala Corp., a major Philippine conglomerate, reported a 19% increase in core net income to P36.7 billion for the first nine months of 2024.
Key contributors included Bank of the Philippine Islands with a 24% rise in net income to P48 billion, Ayala Land with a 15% increase to P21.2 billion, and Globe Telecom with a 19% rise to P17.6 billion.
AC Energy & Infrastructure also saw a 24% increase in net income to P8.1 billion.
The company's overall net income grew by 5% to P34 billion.
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Ayala Corp. reporta un aumento del 19% en los ingresos netos básicos a P36.700 millones para los primeros nueve meses de 2024.