Robinsons Land Corp. (RLC) said profit for the first nine months of the year reached P6.44 billion, up 47 percent from last year’s P4.38 billion.
Revenues hit P30.88 billion, up 41 percent from P21.94 billion a year ago.
In the third quarter alone, net income reached P990 million, up 38 percent versus the same period in 2020, following improved operating conditions.
RLC malls’ revenues as of end September reached P6 billion with earnings before interest tax depreciation and amortization (EBITDA) at P2.84 billion.
Robinsons Offices topline grew 5 percent from a year ago to P4.66 billion.
Robinsons Logistics and Industrial Facilities posted revenues of P187 million, up 24 percent.
RLC Residences and Robinsons Homes posted a combined net pre-sales of P7.93 billion, up 33 percent.
