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PHINMA Corporation (“PHN” or the “Company”) saw consolidated revenues slightly increase to P10.82 billion for the first six months of the year, mainly driven by the strong performance of PHINMA Education Holdings Inc. (PHINMA Education). This partially offset pressure from the macroeconomic environment and the impact of seasonal factors reflected in the Company’s consolidated net loss of P226.92 million and net loss attributable to equity holders of the parent of P455.06 million. PHN’s ongoing expansion efforts will develop new markets and improve cost efficiency across its strategic business units. “The PHINMA Group looks forward to improved results as investments made in past years and ongoing expansion activities which have laid the foundation for brighter prospects. Our entry into the fields of community housing and insulated panels demonstrate our deliberate, intentional efforts to more directly impact Filipino families and communities in need by catering to their urgent, daily necessities. The Group is steadfast in making a difference through our strategic business units,” said PHINMA Chairman and Chief Executive Officer Ramon R. del Rosario, Jr.
PHINMA Education had a record-high enrollment during the second semester of School Year 2024 2025 – a testament to the network’s successful student retention programs and acquisition of St. Jude College Dasmariñas Cavite. The network produced 12,000 new graduates this School Year including 28 board topnotchers in fields like Nursing and Criminology. With these strong results, PHINMA Education reported consolidated revenues and a consolidated net income of P2.74 billion and P558.21 million, respectively, for the first half of 2025. “PHINMA Education is committed to ensuring our students’ success by meeting them where they are and supporting them throughout their journeys. With improved enrollment, student support systems, and operations, the company is well-positioned to transform more lives through education. PHINMA Education will keep expanding its reach to serve more underserved youth in the Philippines and Southeast Asia, particularly Indonesia and Vietnam,” said Dr. Chito B. Salazar, PHINMA President and Chief Operating Officer, Head of Education. The PHINMA Construction Materials Group (PHINMA CMG)—composed of Union Galvasteel Corporation, Philcement Corporation, Union Insulated Panels Corporation, and PHINMA Solar Energy Corporation—continued to focus on growth and implementing expansion efforts to improve margins. Improved sales efforts translated to increases in volume and combined revenues rose to P6.88 billion for January to June. PHINMA CMG had a net loss of P89.48 million after frontloading fixed costs and interest expenses to maximize the impact of its investments and to improve its business operations in succeeding periods. PHINMA Property Holdings Corp. (PHINMA Properties) is prioritizing future developments outside the Metro Manila market in areas such as Bacolod, where the company’s first-ever township Saludad is located. To better support this project, PHINMA Corporation recently infused additional equity into PHINMA Properties. While PHINMA Properties recorded revenues of P765.72 million for the period, the company had a net loss of P299.85 million amid industry headwinds that tempered real estate demand and extended payment terms for projects. PHINMA CoHo Corporation (PHINMA Community Housing) is on track to launch its first project in Davao in the fourth quarter of 2025. Coral Way City Hotel Corporation, PHINMA Hospitality, Inc., and PHINMA Microtel Hotels, Inc., the Group’s Hospitality segment, saw occupancy rates decline in certain properties due to weaker tourist demand. PHINMA Microtel Mall of Asia’s consistent performance supported the segment’s combined revenues P268.27 million and helped soften the combined net loss of P2.03 million for the period. “The Group is focused on its mission to make lives better and will do this on a larger scale by supporting our strategic investments targeted to underserved sectors. PHINMA shall reach more stakeholders and optimize our operations, thereby maximizing our impact on society,” added Dr. Salazar. |
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