Inquirer
Alliance Global grows 9-mo profit to P24.8B
Alliance Global Group Inc. (AGI) reported a 24% increase in net income, reaching P24.8 billion for the first nine months of 2025.
This growth was primarily fueled by a one-time gain of P3.4 billion from the deconsolidation of Golden Arches Development Corp. (GADC), the Philippine franchisee of McDonald's.
Excluding this one-off gain, AGI's core net income saw a 10% rise to P21.2 billion.
The company attributed its performance to the strong showing of its office and mall businesses, alongside contributions from its residential and hospitality segments.
Megaworld, AGI's township developer, reported a 16% net income increase to P15.9 billion, with significant growth in its office, mall, and hotel operations.
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