Friday, February 15, 2008 [ manilatimes .net ]
ROBINSONS Land Corp. disclosed to the Philippine Stock Exchange that profits for the first quarter of its fiscal year rose on the back of higher real estate sales, the biggest revenue contribution among all the company’s divisions.
At end-December, the property firm’s net income grew by 12.2 percent to P681.9 million as revenues for the first three months of its fiscal year climbed by 9.8 percent to P2.354 billion.
The company’s high rises contributed about 43 percent of its total revenues at P1.019 billion, or 9 percent higher year on year due to the recognition of realized sales from Gateway Garden Ridge in Mandaluyong and McKinley Park Residence in Fort Bonifacio. > > > [ full story ]
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