MACROASIA CORP. posted a 28.57% increase in attributable net income to P1.44 billion last 12 months, driven by a continued recovery in aviation activity and regular gains across its business units.
“Fiscal 12 months 2025 reflects MacroAsia’s ability to deliver solid earnings growth while continuing to speculate in capability, service quality, and long-term strategic initiatives,” MacroAsia President and Chief Operating Officer Eduardo Luis T. Luy told the stock exchange on Tuesday.
The listed aviation-support provider reported total revenues of P9.96 billion in 2025, up 5.51% from P9.44 billion a 12 months earlier.
In-flight and other catering services accounted for the biggest share of revenues at 49.2%, or P4.9 billion.
The corporate said growth on this segment was driven by a rise in meal count to 26.92 million, reflecting higher total meal volume through the 12 months.
Ground handling and aviation services generated P4.28 billion in revenues, while water distribution services contributed P727 million and other administrative fees added P55.8 million.
The corporate said sustained revenues from ground handling and aviation services were driven by higher flight volumes, with total flights handled rising to 196,262 in 2025 from 189,318 in 2024.
Revenue contributions also got here from First Aviation Academy, although its income declined by 8% to P77.8 million last 12 months as a result of reduced flying hours.
Costs and expenses rose by 11.53% to P7.93 billion from P7.11 billion a 12 months earlier, mainly as a result of higher ground handling and aviation-related expenses, based on its annual report.
MacroAsia said its higher operating expenses remained consistent with business volume growth and were also driven by lease rate adjustments and updated fees and charges for facilities, services, and properties inside project land under the management and control of the Ninoy Aquino International Airport.
The corporate said net income surged 161% to P446 million within the fourth quarter, while operating income rose 135% to P454.5 million, even though it didn’t disclose comparative figures. It has yet to release its full quarterly financial report.
“This sharp recovery in the ultimate quarter offset softer performance within the second quarter and reinforces the Group’s positive trajectory entering 2026,” MacroAsia said.
Capital expenditures reached P1.42 billion in 2025, mainly allocated for facility expansion and fleet and equipment upgrades, the corporate said.
MacroAsia said it stays optimistic concerning the continued recovery of aviation demand, supported by growth in passenger traffic and expansion opportunities within the sector.
It added that it’s monitoring geopolitical risks, particularly the continuing conflict within the Middle East, which could affect the aviation sector through airspace restrictions, route diversions, jet fuel prices, and flight frequency adjustments.
“While we remain mindful of geopolitical uncertainties, including developments within the Middle East, our limited direct exposure, strong balance sheet, and disciplined execution position us well to navigate these risks and capture growth opportunities,” Mr. Luy said.
On the stock exchange on Tuesday, shares in the corporate rose 11 centavos, or 2.63%, to shut at P4.29 each. — Ashley Erika O. Jose