Megaworld Corp. reported a 23 percent increase in net income to ₱12.08 billion for the first half of 2025, up from ₱9.81 billion year-on-year, driven by strong performance across its real estate, leasing, and hospitality segments. Total revenue rose 10 percent to ₱43.08 billion.
In the second quarter, net income surged 30 percent to ₱6.25 billion, while revenue climbed 9 percent to ₱22.15 billion, reflecting momentum across business lines.
Residential sales remained a key growth driver, increasing 9 percent to ₱27.11 billion, supported by strong demand in Metro Manila and provincial growth areas. The company also launched its 36th township, the 116-hectare Nascala Coast in Nasugbu, Batangas.
Leasing revenue continued to grow, with office leasing up 17 percent to ₱7.4 billion, accounting for a significant portion of the firm’s ₱10.72 billion in total rental income. Megaworld secured 100,000 sqm of new leases in Q2, led by BPO and multinational expansions.
Mall revenue rose 10 percent to ₱3.33 billion, boosted by 30,000 sqm of new tenant openings, including international brands such as Nitori (Japan), 8Seconds (Korea), and KKV (China).
The hospitality segment posted the highest growth, up 19 percent to ₱2.81 billion, fueled by higher room rates and increased room inventory.
Megaworld aims to expand its office GLA to 2 million sqm by 2030 and retail GLA to 1 million sqm in five years, targeting a total leasing portfolio of 3 million sqm by the end of the decade.
CEO Lourdes Gutierrez-Alfonso highlighted the company’s broad-based growth and commitment to sustainable urban development, noting further township launches and integrated projects are in the pipeline.
