Robinsons Land Corporation (RLC), the property arm of the JG Summit Holdings group, reported largely flat earnings in 2025 even as revenues grew across its businesses.
The company said attributable net income reached P13.47 billion, slightly higher than P13.21 billion a year earlier. Excluding non-core gains recorded in 2024 from the reclassification of its investment in GoTyme Bank and insurance-related income, core earnings rose 9 percent year-on-year.
Consolidated revenues increased 13 percent to P48.52 billion from P42.88 billion previously, driven by growth in both investment and development segments. The investment portfolio expanded 8 percent, while the development portfolio grew 30 percent, supported by a 71 percent surge in residential revenues following improved project completions and inventory management.
RLC president and CEO Mybelle V. Aragon-GoBio said the results reflect the resilience of the company’s diversified portfolio.
The company spent P18.87 billion in capital expenditures in 2025 to support projects in malls, offices, hotels, logistics facilities, land banking, and residential developments. It also infused nine mall assets into RL Commercial REIT Inc., bringing the REIT’s market capitalization to P150.53 billion as of end-2025, with RLC retaining a 60.51 percent stake.
Among its business units, the mall segment generated P19.67 billion in revenues, up 10 percent, amid improving consumer activity. Office revenues rose 6 percent to P8.43 billion, with same-office occupancy improving to 90 percent, above the market average, largely driven by tenants from the BPO sector.
The hotels and resorts segment posted P6.5 billion in revenues, up 8 percent, supported by the performance of international hotel brands and new luxury properties such as NUSTAR Resort and Casino Cebu. Residential revenues reached P10.53 billion, a 71 percent increase, while township developer Robinsons Destination Estates generated P1.06 billion mainly from deferred land sales to joint ventures.
