GERI’s 9-mo profit jumps 26% to P1.6B
Global-Estate Resorts, Inc. (GERI), a subsidiary of property giant Megaworld, finished the first nine months of 2019 with a P1.6-billion net income performance, a growth of 26% from its P1.2-billion output during the same period last year. Excluding non-recurring gain of P189 million, net income increased by 10% to P1.4-billion.