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Richmond Mercurio - The Philippine Star
March 14, 2026 | 12:00am
Ayala’s core net income, which excludes one-off items, grew by seven percent year-on-year to an all-time high of P48.3 billion in 2025.
STAR / File
MANILA, Philippines — Earnings of Ayala Corp., the country’s oldest conglomerate, soared to a record high last year on the back of higher earnings from its banking and property businesses alongside the collective turnaround of non-core business units.
Ayala’s core net income, which excludes one-off items, grew by seven percent year-on-year to an all-time high of P48.3 billion in 2025.
Accounting for one-offs, Ayala’s net income skyrocketed by 46 percent to P61.4 billion, mainly driven by Mynt-related revaluation gains and Ayala Land Inc.’s sale of its share in the Alabang Commercial Center.
Ayala CEO Cezar Consing said the group’s strong performance in 2025 reflects the resilience of its core segments and the steady progress of its emerging businesses.
“Even as the operating environment remains uncertain, we are entering 2026 with greater clarity and focus,” Consing said.
“Across the group, we will continue sharpening our portfolio, demanding stronger returns and reinforcing balance sheet resilience to ensure we deliver sustainable value for our shareholders,” he said.
