Filinvest Land profit steady at P2.1B as leasing, margins strengthen

The Gotianun family-led Filinvest Land Inc. (FLI) reported a net income of P2.12 billion in the first half of 2025, up 1 percent year-on-year, supported by improved leasing performance and margin gains across segments.

Consolidated revenues rose 6 percent to P12.21 billion, driven by office and retail rental growth and stable residential contributions.

Management’s view 

“We are optimistic that the upcoming openings of Filinvest Malls in Cubao and in Mimosa Leisure Estate in Clark will further drive this momentum,” said Tristan Las Marias, president and CEO of Filinvest Land. 

“At the same time, we continue to push our residential developments in Visayas, Mindanao, and non-NCR Luzon regions, where we are seeing sustained demand,” he added. 

Margins up 

FLI said residential gross profit margins improved to 53 percent, while earnings before interest, taxes, depreciation, and amortization (EBITDA) margins rose to 64 percent for office and 56 percent for retail.

Retail revenues hit a record P1.32 billion, up 11 percent, while office leasing rose 8 percent to P2.48 billion. 

Real estate sales held steady at P7.48 billion, supported by project completions, stable collections, and demand for mid-income housing.

—Edited by Miguel R. Camus