Robinsons Land Delivers Sustained Growth in 9M 2025, Anchored by Strong Q3 Operational Performance

Key 3Q/9M2025 Financial Highlights:

3Q revenues up 25% to ₱12.58B, bringing 9M consolidated revenues up by 13% to ₱35.61B
3Q attributable net income rose 19% to ₱3.30B, lifting 9M attributable income to ₱10.17B
Both investment and development portfolios delivered strong results, led by malls, offices, and residential, contributing 46%, 26%, and 13% of EBITDA, respectively.
RLC completes one of the biggest fund-raising transactions in the PSE This Year

(Manila, 07 November 2025; PSE Ticker: RLC) – Robinsons Land Corporation (RLC) reported a ₱3.30 billion profit in the third quarter of CY2025, driven by strong performances across both its Investment and Development portfolios. This brought net income attributable to the Parent to ₱10.17 billion for the first nine months, higher by 2% than prior year. Excluding its one-time gain due to the reclassification of its GoTyme investment last year, attributable income rose by 10% year-on-year, reflecting the underlying strength of RLC’s core operations.

For the nine-month period, consolidated revenues grew by 13% to ₱35.61 billion, demonstrating sustained topline momentum. The Investment portfolio expanded by 9%, while the Development portfolio delivered a solid 28% growth. The organic residential segment delivered an outstanding top line growth of 76% versus the same period last year. Consolidated EBITDA and EBIT reached ₱19.03 billion and ₱14.53 billion, respectively, each rising by 7% year-on-year.

As of September 30, 2025, RLC reported consolidated assets of ₱273.2 billion, up 4% from year-end 2024. The Company further strengthened its balance sheet by reducing loans payable by 21% to ₱41.91 billion, following the settlement of ₱13.80 billion in maturing debt during the nine months. This brought RLC’s net debt-to-equity ratio down to 18%, from 27% at end-2024.

RLC successfully completed another overnight block placement of its RCR shares last September 23, 2025, amounting to of ₱7.75 billion, making it the largest fund-raising transaction for a sponsor of a REIT company in the Philippine Stock Exchange (PSE) as of the third quarter this year.

The September transaction was 3.7 times oversubscribed, reflecting strong demand from top-tier institutional investors, both local and foreign. The total proceeds of the latest overnight placement amounting to ₱7.75 billion (exclusive of fees and taxes) will be used to fund RLC’s capital expenditures (CAPEX) in line with its reinvestment plan.

RLC has infused nine mall assets into RCR — Robinsons Dasmariñas, Robinsons Starmills, Robinsons General Trias, Robinsons Cybergate Cebu, Robinsons Tacloban, Robinsons Malolos, Robinsons Santiago, Robinsons Magnolia, and Robinsons Tuguegarao, resulting in RCR’s total market capitalization of ₱141.92 billion as of September 30, 2025, with RLC holding a 60.51% stake in RCR.

These landmark transactions demonstrate RLC’s continued commitment to crystallize its value and further strengthening RCR’s position as one of the largest and widely held REITs in the Philippine market.

“Our performance this quarter underscores the strength and resilience of our core businesses. Despite a more competitive environment and strategic reinvestments, we sustained healthy profitability and expanded our revenue base. We remain focused on strategic capital deployment, and delivering long-term value for our stakeholders. As we move forward, we are confident that our diversified portfolio and disciplined execution will position Robinsons Land for continued growth and market leadership.” said RLC President and CEO, Mybelle V. Aragon-GoBio.

BUSINESS SEGMENT PERFORMANCE

Robinsons Malls continued to build on its growth trajectory in the first nine months of 2025, posting total revenues of ₱14.55 billion, an 11% increase from the previous year. This momentum was anchored by strong rental performance, with rental revenues reaching ₱10.27 billion, up 10%, driven by steady 7% same-mall rental growth and sustained recovery in foot traffic across the portfolio.

Profitability also strengthened, as EBITDA rose to ₱8.78 billion and EBIT reached ₱6.10 billion, reflecting year-on-year increases of 11% and 14%, respectively. Occupancy rate remained solid at 94%. Robinsons Malls now spans 1.7 million square meters of leasable space, highlighting the continued confidence of tenants and the resilience of consumer activity.

Robinsons Offices sustained its stable performance in the first nine months of 2025, generating ₱6.24 billion in revenues, a 5% increase year-on-year. This growth was supported by consistent rental escalations across its expanding portfolio of premium office developments. EBITDA climbed to ₱4.93 billion, while EBIT reached ₱4.06 billion, both up 3%. Occupancy improved by 100 basis points to 88% from the previous quarter, driven by the entry of new IT-Business Process Management sectors.

Robinsons Hotels and Resorts (RHR) delivered a 10% increase in revenues, reaching ₱4.74 billion, led by strong performance across all brands—particularly its international hotel partnerships and its flagship five-star properties, Fili and NUSTAR. System wide occupancy stood at a solid 66%, reflecting sustained travel demand and improved guest volumes. EBITDA grew 12% to ₱1.43 billion, while EBIT rose 11% to ₱764 million, buoyed by its strong topline growth and complemented by its operational efficiency. RHR portfolio now includes 27 hotels with over 4,000 room keys.

Robinsons Residences posted strong results in the first nine months of 2025, posting ₱4.06 billion in net sales from organic projects, up 30% year-on-year, and an additional ₱2.29 billion from joint ventures. Realized residential revenues surged in the third quarter, climbing 247% year-on-year to ₱3.11 billion, fueled by the recognition of prior year sales that reached the equity threshold. This momentum brought realized revenues (excluding joint ventures) to ₱7.84 billion for the period, representing a 76% increase year-on-year. Profitability also ballooned significantly, with EBITDA rising 185% to ₱1.98 billion, and EBIT soaring 207% to ₱1.87 billion. Equity earnings from joint ventures contributed ₱912 million, further reinforcing the segment’s solid performance.

Robinsons Logistics and Industrial Facilities (RLX) recorded ₱661 million in revenues, higher by 2% year-on-year. EBITDA and EBIT registered ₱600 million and ₱438 million, respectively. RLX operates 13 industrial facilities across strategic logistics hubs in Luzon, maintaining stable occupancy and strong tenant demand.

Robinsons Destination Estates (RDE) generated ₱674 million in property development revenues from deferred land sales to joint ventures. EBITDA and EBIT reached ₱399 million and ₱395 million, respectively.