Holding firm Alliance Global Group Inc. of taipan Andrew Tan said Tuesday it posted a record-high net income of P3.3 billion last year as revenues from its businesses more than tripled. In its financial report, the company said consolidated revenue soared 210 percent to P27.3 billion from P8.8 billion in 2006. "The company's solid financial position will ensure that all our business segments will have sufficient capital to support their operations amid challenges in the current business climate," said Alliance Global president Kingson Sian.
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