Ayala Land Inc (PHS:ALI)

₱ 28.85 -0.55 (-1.87%) Market Cap: 427.56 Bil Enterprise Value: 690.38 Bil PE Ratio: 13.36 PB Ratio: 1.54 GF Score: 86/100

Q1 2019 Ayala Land Inc Earnings Call Transcript

May 07, 2019 / 06:00AM GMT

Release Date Price: ₱46.95 (+0.32%)

Transcript

Operator

Ladies and gentlemen, good afternoon, and welcome to Ayala Land's Briefing and its results for the first quarter of 2019. Joining us on the line are 15 callers, and we'd like to remind everyone that our copies of the presentation is available for download at ir.ayalaland.com.ph. And of course, allow me to introduce our panel for today led by our President and CEO, Mr. Bobby Dy; Head of our Residential Business Group, Mr. Robert Lao; Head of our Commercial Leasing Business Group, Mr. Junie Jalandoni; and Head of our Strategic Land Banking and Management Group, Ms. Anna Dy; and of course, our Chief Finance Officer, Mr. Toti Bengzon. So allow me to open the presentation with Mr. Bengzon.

Augusto Cesar D. Bengzon

Ayala Land, Inc. - Senior VP, CFO, Treasurer & Chief Compliance Officer

Good afternoon. Thank you for joining us today. Allow me to share with you the results of our first quarter performance and provide you with an update on our recent announcement to establish the first REIT in the Philippines.

Allow me to start off with a few key messages:

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