
Ayala Land posts 30% drop in Q3 profit, eyes resilience
Ayala Land Inc. (ALI), a leading Philippine property developer, reported a 30% year-on-year decline in third-quarter net income to P6.0 billion. Despite headwinds, the company remains focused on diversifying revenue streams and strengthening its resilience.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Massive fire guts large part of Subic Freeport factory
A massive fire broke out at Jinboway Technology Ltd. Corporation in the Subic Bay Freeport Zone, destroying a significant portion of the factory. This incident marks one of the largest fires in the Freeport in recent years, with firefighting efforts ongoing. The full extent of the damage and the cause are under investigation.
- Ayala Land Builds Resilience Through Recurring Income Amid Economic Headwinds
Ayala Land Inc. is bolstering its recurring income streams from leasing and hospitality to enhance stability amid economic headwinds and property sector challenges. Revenues from these segments rose 8% in the first nine months of 2026, contributing to a more resilient revenue mix for the Philippine developer.
- Maynilad to Ensure Supply Amid El Niño Through Reduced Water Loss, Source Diversification
Metropolitan Manila's water concessionaire, Maynilad Water Services, is set to ensure continuous service to its customers despite the looming impact of El Niño by reducing non-revenue water (NRW) and diversifying its water sources. The company reported a significant improvement in its NRW levels by the end of the third quarter of 2026 compared to the previous year.
- Fire Engulfs Subic Freeport Factory, Contained After 8 Hours
A fire broke out at a factory within the Subic Freeport, raging for nearly eight hours before being brought under control. The cause and extent of the damage are under investigation, drawing renewed attention to safety protocols at the freeport.