Robinsons Land rides on economic reopening

Gokongwei-led Robinsons Land Corp. (RLC) saw earnings climb in the first nine months, with momentum expected to continue through the end of the year. The property giant said net income from January to September rose 6 percent to P6.74 billion while total revenues jumped 16 percent to P35.77 billion. The company said growth came from commercial leasing, malls and residential sales. "The strong recovery of our investment portfolio fueled the company's growth in the first nine months. With the economy inching closer to full reopening, RLC is benefiting from the overall improvement in consumer sentiment going into the holiday season," RLC president and CEO Frederick Go said in a st...

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