DoubleDragon reports 44% earnings growth
DoubleDragon Corp., chaired by tycoons Edgar 'Injap' Sia II and Tony Tan Caktiong, reported a significant surge in earnings for the first half of 2025.
The company's net income increased to P2.37 billion from January to June, marking a 44 percent rise year-over-year, while revenues jumped by 58.3 percent to P6.95 billion.
DoubleDragon has completed 1.5 million gross floor area of recurring revenue assets in prime locations across Luzon, Visayas, and Mindanao, with additional holdings overseas through Hotel101 Global.
CentralHub, a joint venture between DoubleDragon and Jollibee Foods Corp., is expanding its industrial warehouse portfolio towards a P24.8-billion leasing goal and plans to list the first industrial real estate investment trust in the Philippines.
DoubleDragon continues to expand its mall portfolio with the upcoming CityMall in Guiwan, Zamboanga City, scheduled to open on December 15, alongside its existing network of 53 malls nationwide.
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