Corporate

Property giant Megaworld Corp. posted a strong start to 2025, reporting a 15 percent year-on-year rise in first-quarter net income to P5.09 billion, up from P4.4 billion in the same period last year, driven by across-the-board gains in its core business segments.

San Miguel Food and Beverage Inc. posted a 16 percent growth in first quarter net income to P11.6 billion, helped by robust demand, operational improvements, and strategic cost management.

Century Properties Group Inc. (CPG) delivered a strong start to 2025, with robust sales across its residential projects driving a 16 percent year-on-year increase in net income, which reached P473 million in the first quarter.

SM Prime Holdings Inc. is committing ₱500 billion in capital spending over the next five years to significantly expand and upgrade its real estate assets in a bid to fuel long-term growth and support regional development.

D&L Industries Inc., a leading specialty chemicals and food ingredients manufacturer, reported a 10 percent increase in first-quarter net income to ₱681 million, up from ₱618 million a year earlier, buoyed by a strong ramp-up in exports from its new Batangas plant.