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.

November 13, 2024
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