Robinsons Land Corp. Reports Net Income of ₱717 Million in Q3

Robinsons Land Corp. reports net income of ₱717 million, an increase of 38%, as quarantine restrictions ease in the third quarter of 2020.

Frederick Go, CEO and President of Robinsons Land, said “We are encouraged by the steady recovery of our businesses on the back of improving trends seen on a quarterly basis, as well as in October,”

The net income for Robinsons for the period January to September is ₱4.4  billion, down 31% for the same period last year as the pandemic has greatly affected business in commercial malls and residential buildings.

Source: ABS-CBN