Pinoy idinetalye kung paano tinulungan ang kapwa-Pinoy na ginulpi sa New York | ABS-CBN

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Pinoy idinetalye kung paano tinulungan ang kapwa-Pinoy na ginulpi sa New York

Pinoy idinetalye kung paano tinulungan ang kapwa-Pinoy na ginulpi sa New York

ABS-CBN News

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Watch more on iWantTFC.com. Watch hundreds of Pinoy shows, movies, live sports and news.

Watch more on iWantTFC.com. Watch hundreds of Pinoy shows, movies, live sports and news.

Ibinahagi ng isang Pinoy sa Amerika kung paano siya tumulong sa paghuli sa isang lalaking umatake sa isang 18-anyos na Pinoy sa New York noong isang linggo. Nagpa-Patrol, Don Tagala. TV Patrol, Martes, 19 Hulyo 2022.

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DM Wenceslao net income hits P562 million

DM Wenceslao net income hits P562 million

Benise Balaoing,

ABS-CBN News

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MANILA -- Aseana City developer DM Wenceslao and Associates said its net income grew to P562 million in the first quarter of 2025 because of the strong performance of its commercial leasing business.

In a statement, the company said commercial building revenues soared 27 percent to P406 million because of higher occupancy across its commercial portfolio.

DM Wenceslao is the developer of Parqal Mall and other commercial spaces in Paranaque. Residential revenues, meanwhile, climbed 13 percent to ₱P67 million.

DM Wenceslao also owns office buildings its portfolio.

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The firm said recurring revenues, which includes rentals from land, commercial buildings, and other leasing sources, jumped 14 percent year-on-year to P899 million.

Chief executive officer Buds Wenceslao said the net income numbers show the merits of their integrated development strategy and focus on "placemaking."

“In Aseana City, we see that demand rises to meet well-conceived supply, validating our approach of building not just structures but vibrant communities," he said.

DM Wenceslao's core net income reached P1.8 billion in 2024.

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