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DoubleDragon income up on robust revenue growth

Robust revenue growth lifted DoubleDragon Properties Corp.’s consolidated net income in the first semester by 74.8 percent to P2.20 billion from P1.26 billion in the same period last year. In a filing on Wednesday, the listed property firm reported that its recurring revenues from January to June grew by 29.1 percent to P1.83 billion from the year-earlier P1.41 billion on the back of increasing rental revenues. It said was aiming to finish a 1.2 million-square meter leasable portfolio by next year, which includes 100 CityMalls, Metro Manila offices and hotel rooms, among others.


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Today’s Front Page December 06, 2019

Today’s Front Page December 06, 2019