Megaworld net income up 11% in 2025, rises to ₱24B

Megaworld Corp. posted an 11% growth in its net income for 2025, driven by the performance of its core businesses, the listed property and township developer announced Thursday.

Net income grew to P24 billion as consolidated revenues increased by 5% to P86 billion, backed by the expansion of its recurring income portfolio and the performance of its residential unit.

Leasing revenues for the year climbed 11% to P22 billion, led by the office leasing revenues of Megaworld Premier Offices up 11% to P14.9 billion, on the back of new assets, rental escalations, renewals, and continued take up as the company saw over 330,000 square meters of office transactions.

Megaworld Lifestyle Malls also reported a 9% increase in its leasing revenues to P6.9 billion, after posting an average daily foot traffic of 297,000 or an 18% year-on-year increase.

The hotels and resorts unit saw a 9% increase in its revenues to P5.6 billion, following the opening of new properties such as the Grand Westside Hotel scheduled to become the Mövenpick Manila Bay Westside Hotel.

Real estate sales stood at P51.8 billion, with the biggest contributions coming from Uptown Bonifacio, McKinley West, Westside City, ArcoVia City, Northwin Global City, and Iloilo Business Park.

"With our leasing businesses continuing to gain momentum and a strong pipeline of residential launches ahead, we are entering 2026 with confidence as we see meaningful opportunities to scale further, expand in key growth markets, and build on the solid foundation we have established, especially on our pioneering township concept," Megaworld President and Chief Executive Officer Lourdes Gutierrez-Alfonso said.

Megaworld has earmarked P65 billion for its capital spending in 2026, mainly for its land acquisition, land banking, and the development of existing projects. — VDV, GMA Integrated News