Ayala Corp. reported a 2 percent decline in core net income to ₱23.7 billion for the first half of 2025, highlighting a modest setback in recurring profitability. However, inclusive of one-off items, net income rose 5 percent to ₱23.35 billion, largely due to the absence of significant impairments recorded in the prior year. Total revenue increased by 2 percent to ₱183.49 billion.
CEO Cezar P. Consing acknowledged challenges in the group’s telecom and energy segments but reaffirmed confidence in meeting full-year targets, citing improved performance across several portfolio businesses and the recent strategic investment in AC Health by Singapore’s ABC Impact as signs of growth potential.
Among subsidiaries, the Bank of the Philippine Islands posted an 8 percent income growth to ₱33 billion, driven by strong revenue that outweighed rising costs. Ayala Land’s earnings climbed 8 percent to ₱14.2 billion, benefiting from a diversified property portfolio despite a 1 percent revenue dip. In contrast, Globe Telecom’s net income dropped 14 percent to ₱12.4 billion due to higher depreciation and non-operating expenses.
Ayala Healthcare Holdings significantly narrowed its core losses to ₱100 million from ₱327 million, with strong growth in its provider group offsetting flat pharma revenues. Meanwhile, AC Logistics trimmed its net loss to ₱631 million following the exit from its last-mile delivery business and ongoing restructuring.
The mixed performance across the Ayala Group underscores both resilience in core sectors and ongoing adjustments in underperforming units, with strategic investments and operational rationalization playing key roles in sustaining long-term competitiveness.
