BRIEF-Ayala Corp Says FY Net Profits Grew 62% To 27.8 Billion Pesos

March 11 (Reuters) – Ayala Corp AC.PS:

• FY NET PROFITS GREW 62% TO 27.8 BILLION PESOS

• FY NET INCOME GREW 40 PERCENT TO 12.2 BILLION PESOS

• “MINDFUL OF THE IMPACT OF THE RUSSIA-UKRAINE CONFLICT ON OUR RECOVERY AND INVESTMENT PROGRAMS”

• MONITORING HOW SURGE IN OIL PRICES WOULD AFFECT DOMESTIC INTEREST RATES, INFLATION, AND GLOBAL SUPPLY CHAIN

• AYALA LAND HAS EARMARKED 90 BILLION PESOS IN CAPITAL EXPENDITURES IN 2022

Further company coverage: AC.PS

((Reuters.Briefs@thomsonreuters.com;))