LISTED AyalaLand Logistics Holdings Corp.’s net income increased nearly fourfold to P346 million in the first six months of the year from P70 million in the same period in 2018 on the back of strong industrial lot sales and improved leasing income from its warehouse and commercial properties.

The Ayala Land subsidiary reported to the Philippine Stock Exchange that its revenues rose to P2.2 billion in the January-to-June period from P922 million.

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