Alliance Global posts record P30.6B income

Business & Finance
22 Apr 2026 • 12:23 AM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

Alliance Global posts record P30.6B income

ALLIANCE Global Group Inc. on Tuesday said it booked a record profit of P30.6 billion in 2025, up 10 percent from P27.9 billion a year earlier and driven by strong contributions from its core real estate and leisure businesses.

“Once again, the group delivered another strong financial and operating performance in 2025 despite macroeconomic headwinds,” Alliance Global CEO Kevin Tan said.

The company said that attributable profit rose 19 percent to P20.7 billion, supported by higher earnings from its major business segments.

Alliance Global said the results reflected the deconsolidation of Golden Arches Development Corp. and one-time revaluation gains of P3.4 billion, noting that Golden Arches was now treated as an associate following a stake reduction to 49 percent.

Excluding nonrecurring items, Alliance Global said normalized net income increased 2 percent to P27.0 billion.

“Our profitability was further supported by conscious cost efficiency measures which we intend to continue implementing across the business,” Tan said.

Across its businesses, property arm Megaworld Corp. remained the biggest contributor, posting revenues of P85.9 billion, up 5 percent year on year and driven by steady rental growth across offices, malls and hotels.

Leisure and tourism unit Travelers International Hotel Group Inc., which owns and operates New World Resorts, saw revenues rise by 2 percent to P31.9 billion as firmer earnings from its gaming operations offset the impact of a softer hotel income.

Meanwhile, Emperador Inc. reported P57.0 billion in revenues, underpinned by its brandy and whisky businesses despite a softer global spirits environment. Emperador reported an attributable net income of P3.9 billion.

“While we face this year with cautious optimism, we are excited to advance several initiatives that showcase our pursuit of excellence,” Tan said.

“We look forward to balancing proactive improvements with a strategic response to ongoing geopolitical and macro challenges,” he added.

Alliance Global shares on Tuesday slipped P0.02, or 0.21 percent, to close at P9.37 each amid a 0.04-percent rise for the benchmark Philippine Stock Exchange index.