Alliance Global Group, Inc. (AGI) is entering 2026 with cautious optimism and a renewed push for growth initiatives after delivering a strong financial performance in 2025, as it balances expansion plans against ongoing macroeconomic and geopolitical uncertainties.
The conglomerate led by tycoon Andrew L. Tan posted a record net income of P30.6 billion last year, up 10 percent from P27.9 billion, while consolidated revenues reached P189.7 billion on the back of solid contributions from its real estate and leisure businesses. Attributable profit climbed 19 percent year-on-year to P20.7 billion.
AGI said the results reflect a structural shift following the deconsolidation of Golden Arches Development Corp. (GADC), its quick service restaurant arm at holds the local franchise of McDOnald’s, which is now treated as an associate after the Group retained a 49 percent stake. Earnings for the year also included one-off revaluation gains of P3.4 billion.
Excluding these, normalized net income rose 2 percent to P27.0 billion on revenues of P176.3 billion, with normalized attributable profit steady at P17.3 billion.
“While we face this year with cautious optimism, we are excited to advance several initiatives that showcase our pursuit of excellence,” said AGI chief executive Kevin L. Tan, noting the company’s focus on proactive improvements alongside a strategic response to global challenges.
Megaworld Corp. remained the Group’s largest contributor, growing revenues 5 percent to P85.9 billion, supported by rising recurring income and strong occupancy across offices, malls, and hotels.
Travellers International, operator of Newport World Resorts, posted a 2 percent increase in revenues to P31.9 billion, driven by gaming growth and improved EBITDA, while Emperador Inc. generated P57.0 billion in revenues, demonstrating resilience despite softer global demand.
Tan said AGI will continue to emphasize cost discipline and operational efficiency as it pursues expansion opportunities across its core businesses.
