For the year 2020 rental income of Robinsons Land (RLC) was down 4.8 billion Pesos as compared to 2019. Understandably rental income is down during the year because the government imposed mobility restrictions on the population to counter the pandemic. While rental income is down, RLC grew its real estate sales. Real estate sales were…Read More→
RLC down 7.15% on first day of MECQ; Strong enough to weather the storm
August 3, 2020The market sell-off on the first day of the re-imposition of the Modified Enhanced Community Quarantine (MECQ) had Robinson Land Corporation down by 7.15% the most on that day with a volume of 3,110,220 above the 65 day average volume of 2,573,380 that made us wonder if RLC was in danger. As of the end…Read More→