ABA net income surges 106% in 9M 2025
Photo courtesy of AbaCore Capital Holdings, Inc.
Listed holding company AbaCore Capital Holdings, Inc. (PSE: ABA) reported robust earnings growth for the first nine months of 2025, driven by strong performances across its business units and strategic asset management initiatives.
The company posted a consolidated net income of P82.67 million, or P0.0202 per share, representing a 106% increase from the P40.35 million, or P0.0111 per share, recorded in the same period last year. The surge was primarily attributed to P172.08 million in gains from the disposal of investment properties, along with improved operational efficiency.
ABA’s income from operations and other income, including its share in associates’ net earnings, reached P93.81 million, more than double last year’s P45.61 million. Its book value per share also rose to P5.02, up P0.68 from a year earlier — significantly higher than the company’s current stock price, which remains below P1.00.
Operating expenses fell 11% year-on-year to P83.02 million from P93.80 million, reflecting reductions in professional fees, management costs, and employee-related expenses following internal restructuring and adjustments in benefits and premiums.
Earlier this year, ABA distributed P418.6 million in property and cash dividends from its June 2022 stock declaration, rewarding shareholders of record as of June 28, 2022.
Key developments during the third quarter included the signing of a Memorandum of Agreement (MoA) between ABA subsidiary Simlong Energy Development Corporation (SEDC) and the Philippine National Oil Company (PNOC) to conduct a feasibility study for a wind power project at the ABA Energy Hub in Batangas City.
“Our strong performance for the first three quarters of 2025 reflects the company’s strategic focus on asset optimization and disciplined financial management,” said ABA Chairman and President Atty. Antonio Victoriano F. Gregorio III. “We continue to strengthen our balance sheet while pursuing growth opportunities across our key sectors,” he added.
