Revenues

Andrew Tan’s AGI profit up 132% to P23.8-B in 2021

The Andrew Tan-led Alliance Global Group, Inc. (AGI) more than doubled its net income last year to P23.8-billion year-on-year, bolstered by the resurgence in activities across all of its business segments with the reopening of the economy towards the latter part of the year. Net income to owners, likewise, soared 92% year-on-year to P16.9-billion, almost reaching the pre-pandemic levels.

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Business

GERI reports P5.0-billion in revenues for FY2021

Global-Estate Resorts, Inc. (GERI), the Philippines’ leading developer of master-planned integrated tourism estates and a subsidiary of Megaworld, posted consolidated revenues of P5.0-billion for full-year 2021.

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