Net income to shareholders rose by 3 percent to P1.8 billion, while consolidated revenues increased by 14 percent to P8.3 billion, fueled by strong real estate, rental, and hotel operations.
Real estate sales alone climbed by 10 percent to P6.5 billion, with reservation sales recovering fully to P19.2 billion, a return to pre-2019 levels.
The hotel and leasing sectors also saw significant revenue increases, benefiting from a resurgence in tourism and higher commercial foot traffic.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.
