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Leasing, property dev’t lift ALI’s Q1 profit to P6.9B
Ayala Land, Inc. (ALI) reported a 10% increase in net income to P6.9 billion for the first quarter of 2025, driven by strong property development bookings and leasing operations.
Consolidated revenues rose 6% to P43.6 billion, with property development revenues climbing 11% to P27.8 billion, boosted by commercial and industrial lot sales which more than doubled to P5.7 billion.
Residential revenues contributed P22.0 billion, led by the Premium segment, despite weaker Core residential sales.
Leasing revenues grew 7% to P11.6 billion, supported by contributions from shopping centers, office spaces, and hotels and resorts.
ALI launched four new projects worth P12.6 billion outside Metro Manila, including Virendo in Davao and new phases in Cavite.
The company's president and CEO expressed confidence in ALI's performance and strategic direction amidst a complex macroeconomic environment.
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Ayala Land Inc. (ALI) reported a 10 percent increase in its first-quarter net income, reaching P6.9 billion, primarily driven by strong performance in its premium property segment and enhanced leasing operations.
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Megaworld Corp. reported a 16% surge in net income to P5.83 billion for the first quarter of 2025.
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