Ayala Corporation

GNPower Kauswagan Ltd. Co. (GNPK), the joint venture company between AC Energy Holdings, Inc. (AC Energy), the power unit of conglomerate Ayala Corporation, and Power Partners Ltd. Co. (PPLC), engaged Shanghai Electric Power Construction Co. (SEPCC), a subsidiary of Power Construction Corporation of China, for the engineering, procurement and construction (EPC) of a US$1 billion-thermal facility in Kauswagan, Lanao Del Norte.

Ayala Corporation’s (Ayala) net income in the first quarter of 2014 grew by 22% to P5.5 billion. The strong growth was driven by its real estate, telecom, water and international businesses and was boosted by a P1.8 billion capital gain from the sale of Stream Global Services, Inc., one of its investee companies under its business process outsourcing unit.

Countries, like companies, compete. Nations compete for investments, trade, trade in services, and tourists.

Ayala Corporation’s net income expanded 46 percent in 2014 to P18.6 billion primarily driven by the solid performance of its real estate, telecom and electronics manufacturing units and boosted by a net gain from the sale of its business process outsourcing asset.

Without the impact of the accelerated depreciation from its telecom unit’s network transformation initiative in the previous year, Ayala’s core net income actually grew 25 percent in 2014. Ayala’s profits have been growing above 20 percent for the past three years.

The Ayala group has earmarked P185 billion in capital expenditures this year as it continues to support the massive expansion plans of its core businesses, particularly its real estate and telecom units, while continuing to ramp up its investments in power generation and transport infrastructure.

12 January 2015 -- Ayala Corporation (“Ayala” or “AC”) announced that it assisted its real estate unit, Ayala Land, Inc. (“Ayala Land”) raise funds through a placement of 484,848,500 common shares at a price of Php33.00 per share (the “Offer Price”). The placement was conducted via a bookbuilt offering structured as a top-up placement with all the proceeds to be received by Ayala Land.

Ayala Corporation’s consolidated net income during the first 9 months of the year expanded by 35% to a total of P14.1 billion.   Robust growth from core businesses, particularly Ayala Land, Globe Telecom and Manila Water, contributed to the expansion in consolidated net income.  The healthy performance across these business units helped counterbalance lower equity earnings from the Bank of the Philippine Islands (BPI), which had generated

Ayala Corporation, one of the oldest and largest business groups in the Philippines, was awarded the 19th Annual IMD-Lombard Odier Global Family Business Award at the 25th Summit of the Family Business Network International (FBN-I) held October 16 in Dubai.  

Light Rail Manila Corporation (LRMC) today signed together with the Department of Transportation and Communications (DOTC) and the Light Rail Transit Authority (LRTA) the concession agreement for the P65-billion Light Rail Transit Line 1 Cavite Extension and Operations and Maintenance Project.

Ayala Corporation's net income in the first half of the year reached P9.8 billion, 34% higher than same period last year. The strong growth was driven by the solid performance of its core businesses, particularly Ayala Land, Globe Telecom, and Manila Water. Equity earnings from Globe, which quadrupled year-on-year, more than offset the decline in the contribution of banking unit, Bank of the Philippine Islands (BPI), which registered lower trading gains in the first half of this year.

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    Ms. Emily C. de Lara
    Head, Corporate Communications
    Ayala Corporation
  • (+632) 908-3456
  • (+632) 848-5764
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