ALLIANCE Global Group Inc. (AGI), the listed holding firm of property tycoon Andrew Tan, said on Friday 2014 was a record-breaking year for the company after its net income surged to P21 billion, up 8 percent from P19.5 billion in 2013 on the strong performance of its business segments.
However, consolidated net income dropped 8 percent to P21 billion from P23 billion the previous year because of the absence of non-recurring gains, said Kingson Sian, AGI president and chief operating officer.
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