Tag: #AC Industrials
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Ayala Corp. posts 75% drop in 9-month income to P11.4 B
Ayala Corporation reported a 75 percent fall in net income to P11.4 billion in the first nine months of the year but noted that its performance in the third quarter is much improved compared to the second quarter of 2020.
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AC Motors executive team reorganized, reshuffled team
The executive team of AC Motors, the vehicle distribution and retail dealership division of the Ayala Group, has been reshuffled and reorganized into two distinct divisions – automotive and motorcycle – to move past the current pandemic and position for growth.