Stable Cash Flows Anchored by Recurring Income and Revenue
KEY MESSAGE
1. Maintained Earnings Trajectory: Net income up by 2% to P5.9B; core net income
increased by 5% to P5.8B. We expect 2018 Net Income to increase substantially.
2. Stable Recurring Income: Investment portfolio revenues increased by 7% to P15.9B
3. Stable Growth of Investment Portfolio: Malls GLA at 1.4M sqm (+9%); Office NLA at
405K sqm (+22%); Hotel room keys 2,516 (+7%), in 2017. Therefore, expecting
investment portfolio income to rise.
4. Record Sales Take-up: Net sales take-up surged (CY2017) +18% at P10.3B
(Q1CY18) +100% at P3.68B
5. Higher CAPEX: Reached total of P23.6B for 2017; we will continue to be in expansion
mode moving forward
6. Creating Value Through New Business Unit: Through Bridgetowne and Pampanga
mixed-use developments and joint venture with Shangri-la Properties, Inc.
ROBINSONS LAND
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