Total revenues rose 7 percent to P30.7 billion. Contributions were led by malls, accounting for 59 percent of the consolidated revenues, with a growth of 7 percent to P18.2 billion.
Mall rental income added 8 percent to P15.8 billion, while cinema and event ticket sales contributed P2.5 billion.
The residential business segment saw a 10 percent revenue increase to P8.5 billion, underpinned by strong reservation sales totaling P26.5 billion. Additionally, other business segments, including offices, hotels, and convention centers, posted a 9 percent growth, totaling P3.4 billion in revenues.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.