COMMERCIAL real estate developer DoubleDragon Properties Corp. posted a 111.1-percent year-on-year increase in net income for the first nine months of 2015, as it amassed higher receipts from mall rents and sales, the company announced Wednesday.

In a disclosure to the Philippine Stock Exchange, DoubleDragon said it had a net income of P713.6 million in January to September this year, up from P338.1 million a year ago.

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