RLC Sustains Growth Momentum in 1H 2025 with Solid Core Performance and Strong Financial Position

​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 P12.00 billion, up 16% year on-year, bringing first-half revenues to P23.03 billion—an 8% increase versus the same period last year.

Net income attributable to the parent grew 7% to P3.40 billion in Q2. Excluding one-off gains in 2024, first-half net income rose 5% year-on-year to P6.88 billion, reflecting the solid fundamentals of RLC’s diversified portfolio. Meanwhile, consolidated EBITDA and EBIT registered P12.53 billion and P9.56 billion, respectively.

As of June 30, 2025, RLC reported consolidated assets of P264.70 billion, up 1% from year-end 2024. The company further strengthened its balance sheet by reducing loans payable by 14% to P45.91 billion, following the settlement of P7.37 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 P9.46 billion, up 9% year-on-year. EBITDA grew 8% to P5.78 billion, while EBIT increased 9% to P4.00 billion. Occupancy improved to 94%, with total leasable space at 1.7 million sqm, underscoring sustained tenant demand.

RLC Offices posted P4.11 billion in revenues, up 5% year-on-year, supported by consistent rental escalations across its premium office portfolio. EBITDA rose 4% to P3.25 billion, and EBIT was up 4% to P2.67 billion, reflecting operational efficiency. Occupancy remained healthy at 87%. 

Robinsons Hotels and Resorts (RHR) recorded P3.10 billion in revenues, up 9%, driven by strong performance across all brands. EBITDA climbed 10% to P955 million, while EBIT rose 14% to P520 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 P451 million in revenues, up 17% year-on-year. EBITDA grew 16% to P408 million, while EBIT increased 10% to P300 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 P475 million in property development revenues from deferred land sales to joint ventures. EBITDA and EBIT reached P278 million and P276 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 P3.20 billion in net sales from organic projects and P571 million from joint ventures in 1H 2025. Realized residential revenues rose 130% YoY in Q2 to P2.78 billion, driven by project recognition and strong RFO sales. This brought 1H realized revenues (ex-JVs) to P4.73 billion, up 33% YoY. EBITDA and EBIT both grew 33% to P1.16 billion and P1.09 billion, respectively. Equity earnings from JVs reached P706 million.

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.