RLC income surges 62% to P8.5 billion in 2021

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Photo from: Robinsons Homes

By: The Philippine Star

Robinsons Land Corp. (RLC), the Gokongwei-led listed property developer, reported a consolidated net income of P8.5 billion last year, up 62 percent.

Consolidated revenues grew by 30 percent to P36.54 billion as lockdown restrictions eased.

In the fourth quarter alone, net income grew to P2.06 billion, up 108 percent quarter on quarter.

RLC President and CEO Frederick Go said RLC is in a strong position to capture opportunities as the economy recovers.

 

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