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  • Ayala Land FY 2018 Financial and Operating Results.Pdf
    SEC Reg. No. 152747 15 February 2019 Philippine Stock Exchange, Inc. 6th Floor, PSE Tower, 28th Street corner 5th Avenue Bonifacio Global City, Taguig City Attention: Ms. Janet A. Encarnacion Head, Disclosure Department Philippine Dealing and Exchange Corporation 37th Floor, Tower 1, The Enterprise Center 6766 Ayala Ave cor. Paseo de Roxas, Makati City Attention: Atty. Joseph B. Evangelista Head, Issuer Compliance and Disclosures Department Securities and Exchange Commission SEC Building, Mandaluyong City Attention: Hon. Vicente Graciano P. Felizmenio, Jr. Director, Market Regulation Department Dear Mesdames and Gentlemen, Please see the attached press release on the unaudited financial and operating results of Ayala Land, Inc. as of December 31, 2018. Thank you. AUGUSTO D. BENGZON Senior Vice-President CFO, Treasurer and Chief Compliance Officer NEWS RELEASE Ayala Land’s net income climbs 16% to P29.2B in 2018 Feb. 15, 2019 – Ayala Land, Inc. (ALI), the Philippine’s largest integrated property and sustainable estates developer, posted solid top-line and bottom-line growth in 2018. ALI’s consolidated revenues climbed 17% to P166.2 billion driven by sustained demand for residential products and the healthy performance of its leasing businesses. Property development revenues rose 18% to P113.4 billion owing to strong sales across its residential, office for sale and commercial lot segments. Meanwhile, leasing revenues grew 17% to P34.9 billion on the back of robust local consumption, the increasing demand in BPO offices and a thriving tourism sector. All in all, net income grew 16% to P29.2 billion. “As we celebrated our 30th year in 2018, we remained focused on developing more sustainable communities that enrich the lives of Filipinos.
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