The Sy family-led property giant SM Prime Holdings Inc. delivered its highest-ever net income of P45.6 billion in 2024, a 14 percent jump from 2023, as all business segments contributed to growth.
Asia United Bank (AUB) delivered a 36-percent surge in net income to P11.3 billion in 2024, fueled by strong loan growth and a sharp reduction in loan loss provisions.
The Montinola family’s Far Eastern University Inc. (FEU) posted a 7 percent increase in net income to P651.4 million for the first semester of its fiscal year, as revenue gains and stronger investment returns offset higher expenses.
Renewable energy firm Alternergy Holdings Corp. (ALTER) saw operating revenues jump over 80 percent in the first half of fiscal year 2025, reaching P181 million from P100 million. This growth was largely driven by its Palau Solar Power Project, which began commercial operations in December 2023.
Globe is gearing up for a stronger 2025, targeting positive free cash flow (FCF) this year while managing pressure from the rising share of lower-margin data services and intensifying industry competition.
Robinsons Retail closed 2024 with solid earnings growth, doubling net income to P10.3 billion, fueled by cost efficiencies and a major one-time gain from the Robinsons Bank-BPI merger.
Bank of the Philippine Islands (BPI) delivered its third consecutive year of record profits, posting a P62-billion net income in 2024, up 20 percent from the previous year.
Fifth-generation Aboitiz heiress and UnionBank of the Philippines’ newly appointed president and CEO Ana Aboitiz Delgado is confident in stronger results this year after a 31-percent jump in profits in 2024 to P12 billion.
Rockwell Land Corp., the property development arm of the Lopez family-led First Philippine Holdings Corp., saw profit rise 12 percent to P3.1 billion during the first nine months of 2024, its recent financial report showed.