MacroAsia Corp.’s income increased by 146 percent to P1.1 billion last year from P440 million in 2016 on the back on its aviation and catering businesses’ strong operations.
In a disclosure on Friday, the Tan-led firm said its consolidated revenues rose 26 percent to P2.9 billion. Earnings before interest, taxes, depreciation, and amortization, meanwhile, surged 110 percent to P1.3 billion from P642 million.
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