Robinsons Land's 9-month profit up
By: Krista Angela M. Montealegre, InterAksyon.com
August 14, 2014 7:49 AM
MANILA – Robinsons Land Corp (RLC) is back on the growth
path in the first nine months of its 2014 fiscal year ending September.
In a statement, the real estate arm of the Gokongwei family
said its consolidated profit jumped 6.4 percent to P3.88 billion in the October
to June period from P3.65 billion in the same three months of the previous
year.
RLC's performance in the nine-month period was a turnaround
from the 8 percent decline in earnings in the first half due to typhoon and
fire losses.
Revenues inched up by 5.3 percent to P13.1 billion in the
nine months through June from P12.4 billion last year.
At end-June, the property developer saw a double-digit
expansion in its commercial centers division, stable rental income growth from
its office and hotel projects and sustained residential sales.
RLC's recurring earnings accounted for 64 percent of total
revenues, while its development portfolio comprising four residential brands
contributed 36 percent.
RLC is the real estate arm of JG Summit Holdings Inc, which
also has interests in food and beverage, air transportation, petrochemicals and
banking. The conglomerate has investments in Manila Electric Co and Philippine
Long Distance Telephone Co.
.jpg)
Baccarat - WORRione
TumugonBurahinBaccarat is played with two decks of cards, including one player's banker and two playing worrione cards. The dealer will take two 바카라 cards from choegocasino the player, and if the player