LISTED leasing firm PTFC Redevelopment Corporation posted an 86.3 percent rise in net income in its fiscal year ending in August, boosted by firmer leasing revenues and a compromise settlement reached during the year in connection with a civil case.

In its annual report to the Philippine Stock Exchange on Wednesday, PTFC said its net income for full-year 2016 soared to P55.07 million from P29.6 million in 2015.

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