Corporate

Ayala Land Inc. (ALI) reported a 38 percent increase in net income to P39.1 billion in 2025, up from P28.23 billion a year earlier, largely driven by gains from the sale of Alabang Town Center (ATC) and steady expansion of its leasing and hospitality businesses.

Jollibee Foods Corporation’s subsidiary, Jolli‑K Co., Ltd., will fully acquire All Day Fresh Co., Ltd., the operator of South Korea’s top hot pot brand, Shabu All Day, in a deal valued at around US$87 million.

Manulife has secured approval from the Toronto Stock Exchange for a normal course issuer bid, allowing the insurance company to buy back and cancel up to 42 million of its common shares. Outside Canada and the U.S., Manulife said it may undertake similar buybacks in other markets where it is listed, such as the Philippine Stock Exchange, in compliance with local regulations.

Vitarich Corp. is strengthening its grip on the poultry value chain with a P280 million acquisition that is set to raise its breeder capacity by about 8 percent, a move aimed at stabilizing chick supply and trimming production costs in a volatile market.

AREIT Inc., the listed real estate investment trust of the Ayala Group, posted a 28 percent growth in 2025 net profit to P9.4 billion, excluding fair value changes in investment properties, as newly acquired malls, offices and hotels began delivering steady rental income while its existing portfolio remained almost fully leased.