RLC operating income increase by 12% in Jan-March

The Manila Times

May 13, 2022

EXCERPT


LISTED Robinsons Land Corp. (RLC) on Wednesday reported a 12-percent higher operating income from domestic operations at P2.29 billion in January to March.


In a filing to the exchange, the property firm said its net income stood at P1.74 billion during the period, which is 94 percent of the profit it recorded in the first three months of 2019.


RLC noted its investment portfolio posted double-digit topline growth in the first quarter, led by its mall and office businesses.


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