Global-Estate Resorts Inc. (GERI) saw its net income last rise by 21 percent to P1.7 billion last year, from P1.4 billion in 2017, on the back of strong property sales.

In a statement over the weekend, GERI said real estate sales in particular also grew by 21 percent to P6.4 billion from the P5.3 billion posted a year earlier.

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