Rockwell Land profit rises 40% to P719 M 0 SHARES Share it! This segment reported revenues of P562 million, 30 percent higher than P431 million in the first quarter of 2018 and contributed 16 percent to total revenues. This is mainly driven by higher occupancy of the Power Plant Mall Expansion, Rockwell Business Center-Sheridan and Santolan Town Plaza. Revenues from hotel operations amounted to P64 million and contributed 2 percent to total revenues. Rockwell spent a total of P2.6 billion for project and capital expenditures in the first three months of 2019.

Source: Manila Bulletin May 22, 2019 14:03 UTC