Key 1H2025 Financial Highlights:

  • Revenues up by 16%YoY for 2Q alone while for 1H25 it rose by 8% to ₱23.03B; net income (ex-one-offs) up 5% to ₱6.88B.
  • Loans down 14% to ₱45.91B; net debt-to-equity improved to 24%.
  • Strong recurring income from Malls, Offices, and Hotels; NUSTAR Hotel launched as the first Filipino ultra-luxury brand.
  • Residential realized revenues up by 130% for 2Q alone while for 1H25 it’s up by 33% to ₱4.73B, driven by RFO and prior year sales that reached the equity threshold.
  • Logistics and Destination Estate segments expanded, with RLX growth and groundbreaking of Asia’s first tournament-grade Pickleball Center in Bridgetowne.

(Manila, 08 August 2025; PSE Ticker: RLC) – Robinsons Land Corporation (RLC) sustained its growth momentum in the second quarter of 2025, from solid performance of both the investment and development portfolios, resilient performance across business units, and prudent financial management.

For the quarter ended June 30, 2025, consolidated revenues stood at ₱12.00 billion, up 16% year-on-year, bringing first-half revenues to ₱23.03 billion—an 8% increase versus the same period last year.

Net income attributable to the parent grew 7% to ₱3.40 billion in Q2. Excluding one-off gains in 2024, first-half net income rose 5% year-on-year to ₱6.88 billion, reflecting the solid fundamentals of RLC’s diversified portfolio.  Meanwhile, consolidated EBITDA and EBIT registered ₱12.53 billion and ₱9.56 billion, respectively.

As of June 30, 2025, RLC reported consolidated assets of ₱264.70 billion, up 1% from year-end 2024. The company further strengthened its balance sheet by reducing loans payable by 14% to ₱45.91 billion, following the settlement of ₱7.37 billion in maturing debt during the first half. This brought RLC’s net debt-to-equity ratio down to 24%, from 27% at end-2024.

“RLC’s solid results in the first half of 2025 reflect the strength of our diversified portfolio and our commitment to disciplined execution. We sustained our growth momentum with strong performances across our core businesses, while enhancing financial flexibility through prudent balance sheet management. We remain focused on creating long-term value as we expand strategically and innovate across both investment and development portfolios.” said RLC President and CEO, Mybelle V. Aragon-GoBio.

BUSINESS SEGMENT PERFORMANCE

Robinsons Malls delivered solid performance in 1H 2025 with total revenues reaching ₱9.46 billion, up 9% year-on-year. EBITDA grew 8% to ₱5.78 billion, while EBIT increased 9% to ₱4.00 billion. Occupancy improved to 94%, with total leasable space at 1.7 million sqm, underscoring sustained tenant demand.

RLC Offices posted ₱4.11 billion in revenues, up 5% year-on-year, supported by consistent rental escalations across its premium office portfolio. EBITDA rose 4% to ₱3.25 billion, and EBIT was up 4% to ₱2.67 billion, reflecting operational efficiency. Occupancy remained healthy at 87%.

Robinsons Hotels and Resorts (RHR) recorded ₱3.10 billion in revenues, up 9%, driven by strong performance across all brands. EBITDA climbed 10% to ₱955 million, while EBIT rose 14% to ₱520 million, on the back of improved operating leverage. RHR’s portfolio now includes 27 hotels with over 4,000 room keys. Last May, it opened NUSTAR Hotel, the country’s first Filipino ultra-luxury brand hotel, with 223 rooms in NUSTAR Integrated Resorts Cebu.

Robinsons Logistics and Industrial Facilities (RLX) posted ₱451 million in revenues, up 17% year-on-year. EBITDA grew 16% to ₱408 million, while EBIT increased 10% to ₱300 million, driven by scale and efficiency. RLX operates 13 industrial facilities across strategic logistics hubs in Luzon, maintaining stable occupancy and strong tenant demand.

Robinsons Destination Estates (RDE) generated ₱475 million in property development revenues from deferred land sales to joint ventures. EBITDA and EBIT reached ₱278 million and ₱276 million, respectively. On July 17, RDE broke ground on the Helios Pickleball Center—Asia’s first tournament-grade pickleball venue—developed with Kosmas Athletic Ventures Corp. (KAVC). Located in Bridgetowne Estate, Pasig, the 17,500-sqm, eight-story facility will feature 25 professional courts and aims to host Professional Pickleball Association (PPA) Tour events.

RLC Residences posted ₱3.20 billion in net sales from organic projects and ₱571 million from joint ventures in 1H 2025.  Realized residential revenues rose 130% YoY in Q2 to ₱2.78 billion, driven by project recognition and strong RFO sales. This brought 1H realized revenues (ex-JVs) to ₱4.73 billion, up 33% YoY.  EBITDA and EBIT both grew 33% to ₱1.16 billion and ₱1.09 billion, respectively. Equity earnings from JVs reached ₱706 million.

Robinsons Land Corporation continues to adapt and thrive in dynamic market conditions, positioning itself as a leader in the real estate industry in the Philippines.

About Robinsons Land Corporation

Robinsons Land Corporation (RLC) is one of the Philippines' leading real estate developers and is a subsidiary of JG Summit Holdings, Inc. RLC's diverse portfolio includes residential, commercial, and mixed-use developments, as well as hotels, offices, and industrial facilities. The company is committed to providing quality and innovative real estate solutions to its customers and stakeholders.