AYALALAND Logistics Holdings Corp. (ALLHC) on Thursday reported sharp drops in revenue and net income in 2025, results it said were weighed down by lower industrial lot sales following the completion and acquisition of assets in the previous year.
The company saw net income in 2025 plunge 71.4 percent from 2024’s P701 million while revenues dropped 27 percent to P3.8 billion from P5.2 billion previously.
Industrial lot sales fell 50 percent year on year to P1.7 billion, reflecting limited inventory and softer demand, although recurring revenues from leasing operations helped cushion the decline.
The leasing businesses generated P2 billion in revenues, up 8 percent, driven by stable operations across its industrial, warehouse, cold storage, commercial and office segments. However, warehouse revenues slipped three percent to P746 million amid tenant mix adjustments.
Gross leasable area, meanwhile, expanded by 11 percent to 379,000 square meters, supported by the acquisition of warehouses in Cordova and Iloilo and the completion of additional units in Mabalacat and Naic.
Cold storage revenues rose 88 percent to P308 million following contributions from newly acquired facilities. The company expanded its cold storage footprint to 31,600 pallet positions, a 56-percent increase from 2024.
Commercial leasing revenues grew 2 percent from a year earlier to P935 million, backed by steady mall occupancy and stable office leasing.
During the year, AyalaLand Logistics launched new industrial inventory in its Cavite and Batangas Technoparks, adding 3.2 billion worth of saleable lots.
The company said it was preparing to register the expansion of its Pampanga Technopark with the Philippine Economic Zone Authority before the end of the first quarter.
AyalaLand Logistics also completed Phase 1A of its A-FLOW data center campus in Biñan, Laguna, which has an initial capacity of six megawatts.
President and CEO Robert Lao said the company remained focused on optimizing assets while advancing industrial developments in key locations.
“As we move forward, we remain committed to disciplined execution and positioning the business for sustainable, long-term growth,” Lao said.
AyalaLand Logistics shares on Thursday slipped P0.01, or 0.74 percent, to close at P1.34 each.
