Robinsons Land Corporation (RLC) reported PhP3.97 billion net income in 2011

Robinsons Land Corporation (RLC) generated a net income attributable to equity holders of the parent of Php3.97 billion in its fiscal year ending 30 September 2011. This is an increase of 11% from last year’s Php3.59 billion due to strong performance of all of the company’s business units. This accounted for about 28% of the JG Summit Holding's net income in 2011. Revenues grew by 19% to Php12.59 billion from Php10.58 billion in fiscal year 2010 with the commercial centers division accounting for the biggest share at 43%, followed by the residential division at 36%, office at 11% and hotels at 10%. Residential posted the biggest year-on-year jump in revenues at 41% on the back of robust sales take-up for its new projects and increased sales for its existing projects. RLC’s consolidated revenues accounted for 10% share of the  JG Summit Holding's revenues. EBIT and EBITDA stood at Php4.35 billion and Php7.14 billion or and increase of 13% and 11% from 2010 levels, respectively. - https://www.affordablecebu.com/