MANILA, Feb 17 (Reuters) - Ayala Corp. , the largest conglomerate in the Philippines, said on Thursday its net income rose 130 percent in 2004, with strong growth in its property business making up for weakness at its phone unit. Ayala's net income of 7.1 billion pesos ($129 million) was higher than market estimates. Reuters Estimates had a consensus 2004 net profit estimate of 5.53 billion pesos, raised from a forecast in November of 4.35 billion pesos. For 2005, the net profit estimate ...
Premium Content (PAID Subscription Required)
"Manila's Ayala Corp 2004 profit rises 130 pct" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642