Megaworld’s 9-mo earnings jumped 14% to P18B
Megaworld Corp. continued booking significant gains as its core businesses saw a 14-percent growth in the first nine months of 2025.
The Andrew Tan-led real estate developer said its earnings in the January to September period reached P17.9 billion from a year ago’s P15.69 billion.
Net income attributable to the parent company also jumped by 16 percent to P15.93 billion from P13.73 billion.
“Our year-to-date performance continues to reflect the strength of our recurring income portfolio and the sustained demand across our residential and hotel offerings,” Lourdes Gutierrez-Alfonso, president of Megaworld Corp., said in a statement on Tuesday.
“Even as we navigate mixed market conditions, we remain focused on delivering long-term value through innovation, operational efficiency and township-led growth,” she added.
Consolidated revenues also improved by 7.75 percent to P64.41 billion from P59.78 billion.
The property giant said real estate sales continued to be the main contributor to its top line, accounting for 62.48 percent of the total.
The firm said revenues from this business rose by 6.33 percent to P40.24 billion from P37.85 billion. Megaworld logged healthy demand for housing not just in the capital region, but also in key provincial areas.
Leasing revenues, meanwhile, kept their double-digit growth, jumping by 14.7 percent to P16.24 billion.
Office leasing booked a 15.6-percent growth to P11.14 billion from P9.63 billion.
Megaworld Lifestyle Malls also pitched in P5.1 billion, 12.7 percent higher than a year ago’s P4.52 billion, as the segment witnessed stronger foot traffic and tenant expansion.
Hotel revenues likewise saw a 13-percent rise, reaching P4.13 billion from P3.64 billion.
Costs and expenses, on the other hand, increased by 5.4 percent to P46.48 billion.
Currently, Megaworld has 36 township developments across the country and a land bank covering around 7,000 hectares.
