CONGLOMERATE Ayala Corp. said Friday it is on track to meet its income target of P50 billion by 2020 as the company continues its strong performance driven by the real estate and power generation businesses.

“[We are] on track but that’s [for] 2020 … We are very optimistic about the future and prospects for the second half,” Ayala Corp. Chief Finance Officer Jose Teodoro Limcaoco told a news briefing in Makati City.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details