ALLHC first-quarter earnings plunges 92% to P5M

MANILA, Philippines — AyalaLand Logistics Holdings Corp. (ALLHC) reported first-quarter net income of P5 million, plunging 92 percent amid lower lot sales. In a disclosure on Tuesday, the industrial parks and logistics arm of property giant Ayala Land Inc. said earnings fell from P66 million a year earlier. This, as lower lot sales and higher