Robinsons Land Properties in the Philippines

MANILA, Philippines - Solenn Heussaff is the new celebrity endorser of Robinsons Land Corp. The Filipina-French actress was chosen not only because of her looks but also because she embodies the brand. Solenn comes from a good family, her French father is a former French Navy Seal while her Filipino mother was a Bayanihan dancer. She is well-educated, having been schooled in Philippine and French institutions. She is fluent in English and French and speaks Filipino. She loves the arts and studied fashion design and makeup and cosmetic artistry in Paris. Solenn is not someone who wakes up late, goes to a salon, shops, goes to the gym and attends parties in the evening. She is well-spoken and articulate. She and her family, which includes sister Vanessa and brother Erwan, love to travel. Solenn also has a good heart. The proceeds of her planned exhibit of paintings, which will feature celebrities as the subjects, will all go to the charity. Even before she joined S

MANILA, Philippines - Gokongwei-led Robinsons Land Corp. (RLC) posted a net income of P2.24 billion in the first half of its fiscal year ending September this year, up 10 percent from P2.04 billion in the previous period, on steady growth in sales. In a financial report submitted to the Philippine Stock Exchange, the property developer said unaudited revenues from October 2011 to March 2012 grew 13.6 percent to P7.11 billion while EBITDA (earnings before interest, taxes depreciation and amortization) rose seven percent to P3.93 billion. Combined real estate and hotel revenues rose by 12 percent to P6.68 billion from P5.94 billion. Interest income grew 37 percent due to higher level of money market placements. Costs and expenses, however, climbed to P4.28 billion from P3.68 billion due to higher level of repairs and maintenance for various malls, higher film rentals, and higher cost of sales from residential division, among others. The commercial centers div

PROFITS OF JG Summit Holdings, Inc. surged by 76.7% to P4.91 billion in the first quarter of the year, propelled by the strong performance of subsidiaries and gains from its stake in the Philippine Long Distance Telephone Co. (PLDT), a disclosure to the local bourse yesterday showed. “[This] includes the net income from discontinued operations of Digital Telecommunications Philippines, Inc. (Digitel) of P397.76 million,” the disclosure read. “Dividend income from our investment in PLDT amounting to P1.90 billion mainly contributed to the higher net income for the period,” it added. Regulators last year approved PLDT’s takeover of Digitel, which operates Sun Cellular. Consolidated revenues went up by 13.9% to P33.48 billion from P29.41 billion “due to the strong performance of all business units.” Food and beverage arm Universal Robina Corp.’s net income attributable to equity holders more than doubled to P2.2 billion in the first quarter on the back of strong domestic and i