Reuters
International Herald Tribune
05-14-2008
Net profit falls for Ayala HOT STOCKS
Byline: Reuters
Edition: 1
Section: FINANCE/BUSINESS
The Philippine conglomerate Ayala Corp. said first quarter net profit fell 53 percent from a year earlier when it posted huge gains from share sales.
Ayala, which has a market capitalization of $3.8 billion, also said it expects some softness in its key businesses this year largely because of global ...