MPIC posts 14% income growth to P23.6B in first nine months

Metro Pacific Investments Corp. (MPIC) sustained its strong momentum in the first nine months of 2025, with core net income rising by 14% to P23.6 billion.

The conglomerate's power and water businesses were the primary drivers of this growth.

MPIC's operations saw a 12% increase in contribution, reaching P27.2 billion, fueled by robust growth in Meralco's power generation, higher tariffs at Maynilad, and increased patient volumes in its hospitals.

The power sector remained the largest contributor, accounting for 65% of net operating income, followed by water and toll roads.

Despite strong underlying performance, MPIC's reported income grew by a slower 7% due to a one-time gain from a subsidiary in the previous year.

MPIC chairman Manuel V. Pangilinan highlighted the resilience of the group's core businesses in the nine-month period.