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BUSINESS

Filinvest posts P25.9B revenue, steady growth

Mico Virata·24 April 2026, 6:43 pm

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Filinvest posts P25.9B revenue, steady growth
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Filinvest Land Inc. reported steady earnings growth in 2025 and reaffirmed a strategy centered on balanced expansion and recurring income, as it navigates a high-interest-rate environment while maintaining shareholder returns.

At its annual stockholders’ meeting, the property developer disclosed consolidated revenues of P25.9 billion, up 6 percent year-on-year, while net income rose 4 percent to P4.81 billion. The company also declared a cash dividend of P0.05 per share, matching the previous year’s payout.

The results highlight a measured approach to growth, with the firm focusing on capital discipline and diversified revenue streams rather than aggressive expansion.

Residential developments remained the largest contributor, generating P16.27 billion in revenues. Growth was driven largely by projects in emerging urban centers such as Davao, Zamboanga, and General Santos, where demand for housing continues to expand outside Metro Manila.

Beyond housing, the company’s leasing and commercial assets gained traction. Retail operations benefited from improving mall occupancy, which reached 80 percent across the portfolio, with Il Corso in Cebu drawing strong foot traffic due to its coastal, lifestyle-oriented design.

Office leasing also improved, supported by partnerships with government agencies including the Department of Trade and Industry (DTI), National Bureau of Investigation (NBI), Department of Information and Communications Technology (DICT), and Cybercrime Investigation and Coordinating Center (CICC). Meanwhile, its industrial and logistics segment saw strong uptake in warehouse spaces in New Clark City and Calamba, attracting both domestic and foreign locators.

The company said it continues to align capital spending with internally generated cash flows, allowing it to preserve financial flexibility while supporting expansion in key segments.

"Filinvest Land enters 2026 with a fortified balance sheet and a clear mandate for disciplined growth," said President and CEO Tristan D. Las Marias. "By balancing residential development with high-yielding recurring income assets, we have created a platform built to lead through market cycles while providing consistent value to our shareholders."

Looking ahead, the firm is expected to sustain its focus on regional expansion and income-generating assets such as leasing, industrial parks, and mixed-use developments, positioning itself to capture demand while maintaining resilience amid shifting market conditions.

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