PHINMA Corporation, a proudly Filipino conglomerate with businesses in education, construction materials, property development, and hospitality, is leveraging its growth to fuel its post-pandemic business plans and solidify its commitment to making lives better under the management of its refreshed set of leaders.

Oscar J. Hilado, who has led PHINMA Corp as chairman of the board since 2003, stepped down earlier this year and will stay as the company's chairman Emeritus. Ramon R. del Rosario Jr., previously the company's president and CEO, is now the chairman and CEO of PHINMA Corp. Replacing del Rosario as President is Dr. Chito B. Salazar, who will concurrently serve as COO and head of Education.

"PHINMA has always aimed to find the gaps in our society — here in the Philippines and elsewhere — where we can help. The current landscape has allowed us to spot these gaps more quickly and has obliged us to respond more quickly. We pursue our mission of 'making lives better' with ever-growing fervor," del Rosario said.

In 2021, PHINMA boasted a 259-percent year-on-year increase in income, having attained P16.04 billion in consolidated revenues and P1.8 billion in consolidated net income. PHINMA Education earned consolidated revenues of P3.69 billion, a 76 percent increase year-on-year driven by a 33-percent increase to 95,503 students for the school year 2021-2022. The group's education arm also acquired PHINMA Union College of Laguna in 2021, a recent addition to its planned Laguna network of schools.

PHINMA's Construction Materials Group, consisting of Union Galvasteel Corporation, Philcement Corporation, and PHINMA Solar Energy Corporation, closed 2021 with P12.14 billion in consolidated revenue, representing a 20-percent increase year-on-year. PHINMA Properties reported a 26-percent year-on-year growth in consolidated revenue to P2.4 billion. PHINMA continued its top-line solid growth in the first half of 2022 with a 10-percent increase over the same period in 2021.

Last September, PHINMA Education welcomed over 124,000 students across nine schools in the Philippines and one in Indonesia for 2022-2023. Around 60 percent of the student population benefits from its Hawak Kamay Scholarship program, which reduces tuition fees by as much as 75 percent based on the student's capacity to pay. PHINMA Education boasts a 75-percent licensure exam passing rate for first-time takers, and 71 percent of its students are employed within a year of graduation. Since 2004, its network of schools has produced 27,000 licensed professionals, 122 of them topping their board exams.