Rockwell Land Corp. reported a 67% rise in first-quarter (Q1) attributable net income to P1.29 billion from P773 million a year earlier, driven by growth across its residential and commercial segments.
In a statement on Friday, the company said consolidated net income for the quarter rose 52% to P1.43 billion from P943 million in the same period last year.
Consolidated revenues grew 45% to P6.46 billion from P4.46 billion. Residential development accounted for 75% of total revenues, while commercial development, excluding joint venture shares, contributed 25%.
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