The Clark International Airport Corp. (CIAC) has remitted a record P585.7 million in dividends to the National Treasury, up 88 percent from the P310.9 million it turned over a year earlier, underscoring stronger earnings and improved operational efficiency in 2025.
In a statement on Wednesday, CIAC president and CEO Jojit Alcazar said the remittance represents 60 percent of the agency’s adjusted net income for the year. He attributed the milestone to sustained revenue growth and tighter cost management.
“CIAC surpassed its previous high on the back of improved operations, steady revenue expansion, and greater efficiency in 2025,” Alcazar said.
The state-run firm reported net income of P976 million in 2025, a 72 percent jump from P565 million in 2024, driven by higher revenues and enhanced operational performance.
CIAC said it remained compliant with Republic Act No. 7656, which requires government-owned and controlled corporations to remit dividends to the national government. Under Department of Finance guidelines, firms must remit at least 50 percent of adjusted net income—equivalent to roughly P488 million for CIAC based on its 2025 results.
Alcazar noted the company exceeded this threshold after the Finance department requested a higher payout rate. “We also complied with the DOF’s request to increase the dividend remittance rate to at least 75 percent of CIAC’s 2025 net earnings, which led to the higher payout,” he said.
He credited the company’s performance to prudent fiscal management, a business-friendly environment for locators, and continued investment inflows tied to developments within the Clark Aviation Capital.
CIAC expects dividend contributions to grow further as it rolls out seven flagship projects aimed at boosting logistics, commerce, and sustainable urban development.
