PHINMA Corp. closed 2025 with modest profits but heavy investments, as the diversified conglomerate poured capital into education, construction materials, property and hospitality projects to build its next phase of growth.
The company reported fourth-quarter revenues of P6.54 billion and a net loss of P49.4 million, even as strong earnings from its education arm helped cushion weaker performances in other businesses.
For the full year, PHINMA generated P22.84 billion in consolidated revenues and P326.7 million in net income, although the company recorded a net loss of P308.8 million attributable to equity holders of the parent. Consolidated EBITDA reached P3.48 billion.
The standout performer remained PHINMA Education Holdings Inc., which posted P7.19 billion in revenues and P1.61 billion in net income in 2025.
Growth was driven by a record enrollment of 177,851 students across the Philippines and Indonesia for the 2025 to 2026 school year. The group also expanded its campus footprint with new facilities at Southwestern University PHINMA, PHINMA Saint Jude College in Quezon City, and Horizon University Indonesia.
Elsewhere, PHINMA ramped up capital spending to strengthen its operating capacity. Capital expenditures climbed to P5.0 billion in 2025, up sharply from P3.14 billion in 2024, as the group invested in new projects and expanded existing operations.
Chairman and chief executive officer Ramon R. del Rosario Jr. said the spending spree reflects the company’s long-term strategy despite a difficult business environment.
“While 2025 presented a challenging operating environment, the group continued to invest in initiatives that strengthen our long-term growth platform,” he said.
The construction materials unit, led by Philcement Corp. and Union Galvasteel Corp., generated P13.33 billion in revenues but posted a P265.4 million net loss amid industry headwinds and tighter credit conditions.
Meanwhile, PHINMA Property Holdings Corp. booked P1.44 billion in revenues but slipped to a P646.6 million loss as Metro Manila’s property market slowed. The company is betting on regional growth, including the Saludad township in Bacolod.
Taken together, PHINMA’s results show a company willing to trade short-term earnings for long-term capacity as it positions its businesses for the next wave of economic expansion.
