Rockwell Land Corp. reported a 67% rise in first-quarter (Q1) attributable net income to P1.29 billion from P773 million a 12 months earlier, driven by growth across its residential and business segments.
In an announcement on Friday, the corporate said consolidated net income for the quarter rose 52% to P1.43 billion from P943 million in the identical period last 12 months.
Consolidated revenues grew 45% to P6.46 billion from P4.46 billion. Residential development accounted for 75% of total revenues, while business development, excluding three way partnership shares, contributed 25%.
“While the actual estate industry shows signs of resilience regardless of the times, regular demand for premium, integrated communities continues to support company growth,” Rockwell Land said.
“Backed by this strong begin to 2026, Rockwell Land stays focused on strengthening its developments across key cities and emerging growth areas nationwide,” it added.
Residential revenues reached P4.85 billion, driven by real estate sales and project progress from Edades West and Cabo San Diego.
Business revenues grew 55% to P1.60 billion, mainly attributable to the beginning of revenue recognition from the Alabang Business Center (ACC).
Retail operations inside the business segment amounted to P1.14 billion, up 74%, supported by higher occupancy, improved average rental rates, and the combination of Alabang assets.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 42% to P2.72 billion from P1.92 billion, with residential operations contributing 60% and business activities accounting for 40% of the full.–Alexandria Grace C. MagnoRockwell Land Corp. reported a 67% rise in first-quarter (Q1) attributable net income to P1.29 billion from P773 million a 12 months earlier, driven by growth across its residential and business segments.
In an announcement on Friday, the corporate said consolidated net income for the quarter rose 52% to P1.43 billion from P943 million in the identical period last 12 months.
Consolidated revenues grew 45% to P6.46 billion from P4.46 billion. Residential development accounted for 75% of total revenues, while business development, excluding three way partnership shares, contributed 25%.
“While the actual estate industry shows signs of resilience regardless of the times, regular demand for premium, integrated communities continues to support company growth,” Rockwell Land said.
“Backed by this strong begin to 2026, Rockwell Land stays focused on strengthening its developments across key cities and emerging growth areas nationwide,” it added.
Residential revenues reached P4.85 billion, driven by real estate sales and project progress from Edades West and Cabo San Diego.
Business revenues grew 55% to P1.60 billion, mainly attributable to the beginning of revenue recognition from the Alabang Business Center (ACC).
Retail operations inside the business segment amounted to P1.14 billion, up 74%, supported by higher occupancy, improved average rental rates, and the combination of Alabang assets.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 42% to P2.72 billion from P1.92 billion, with residential operations contributing 60% and business activities accounting for 40% of the full. — Alexandria Grace C. Magno