Wayalaand
LOGISTICS HOLDINGS CORP.
May 6, 2021
Philippine Stock Exchange, Inc.
6" Floor, PSE Tower, 28" Street comer 5!" Avenue
Bonifacio Global City, Taguig City
Attention: Ms. Janet A. Encarnacion
Head, Disclosure Department
Securities and Exchange Commission
GIF Secretariat Building, PICC Complex,
Roxas Boulevard, Pasay City
Attention: Hon. Vicente Graciano P. Felizmenio, Jr.
Director, Markets & Securities Regulation Department
Dear Mesdames and Gentlemen,
Please see the attached press release on the unaudited financial and operating results of AyalaLand
Logistics Holdings Corp. as of the first three months of 202
Thank you,
Grove he Art
FRANCIS M. MONTOJO.
Chief Finance Officer and Compliance OfficerWayalaand
LOGISTICS HOLDINGS CORP.
NEWS RELEASE
ALLHC net income up 10% in 1021; expands warehouse space to 213k sqm,
‘adds cold storage to its portfolio
May 6, 2021 ~ AyalaLand Logistics Holdings Corp. (ALLHC) posted a net income of P165 milion in the first
quarter of 2021, a growth of 10% year-on-year driven by tightened spending and cost management initiatives
amidst the challenging environment,
Consolidated revenues amounted to P964 million. Revenues from the sale of industrial lots registered at
383 million, 9% higher compared to last year's P35I million attributed to lot sales at Pampanga Technopark,
reflecting healthy demand from local locators. improvement in rentals and recoveries helped boost
warehouse leasing revenues, growing 13% to P123 million from P109 million. Meanwhile, revenues from
‘commercial leasing registered at P125 million, down by 33% from P186 million. Operations of South Park
Corporate Center remained stable however, this was tempered by the limited operations of South Park mall
and Tutuban Center. The company's balance sheet remains strong with a debtto-equlty ratio of 0.631.
“We anticipate that our operations across our business lines will overcome the challenging business
‘environment, Our diversified portfolio and our continuing efforts to build up our assets puts ALLHC in a solid
position to steer its course towards recovery and long-term growth,” said ALLHC President and CEO Maria
Rowena M. Tomeldan,
Inits recent virtual annual stockholders’ meeting held last Apri, ALLHC managementannounces that despite
the ongoing challenges brought about by the pandemic, itremains committed in bullding its national footprint
by growing its warehouse gross leasable area (GLA) to 500,000 square meters (sq.m.), establishing presence
iN10 key locations across the country and ereaiing new business platforms by the year 2025,
Last January, ALLHC broke ground for the second phase of ALogis Naicat Cavite Technopark to expand its
GLA by 16,000 sq.m. upon completion in December 2021 In March, an adgitional 6,000 sq.m. of GLA in
ALogis Calamba was completed, bringing up the ALogis portfolio to 213,000 sq.m. of warehouse GLA.
Moreover, in efforts to further diversify its product offerings, ALLHC acquired a 4,000 pallet position cold
storage facility located in Laguna Technopark. This marks ALLHC’s foray into the cold logistics market,
branding the cold storage segmentin its portfolio as “ALogis Artico™. All expansion efforts are in line with its
vision to be the leading real estate logistics and industrial estate developer in the Philippines.
‘About ALLHC
ALLHC is a subsidiary of Ayala Land, Inc. the country’s largest developer of sustainable estates offering a
diverse mix of properties such as residential, commercial, and leisure developments, that support local
‘economic growth and nation-building, ALLHC is ALI’s vehicle to pursue real estate logistics and industrial
estate development,
eet
For more information, please contact
Bettina Marie A. Esquerra
Corporate Communications Manager
Email: corporatecayalalandlogistics.com