AyalaLand Logistics’ H1 net income drops 89% to P11M
AyalaLand Logistics’ warehouse leasing revenues increased 9% year on year to P391 million while cold storage revenues nearly doubled to P243 million. Photo from AyalaLand Logistics website
  • AyalaLand Logistics Holdings Corp. registered a net income of P11 million in the first half of 2026, down 89.5% from P105 million in the same period last year
  • Industrial lot sales dropped 44% to P489 million but sales reservations grew 11%
  • The leasing businesses generated P1.1 billion in total revenue driven by higher contributions from the company’s warehouse and cold storage facilities
  • Warehouse leasing revenues increased 9% year-on-year to P391 million while cold storage revenues nearly doubled to P243 million

AyalaLand Logistics Holdings Corp. (ALLHC) registered a net income of P11 million in the first half of 2026, down 89.5% from P105 million in the same period last year.

Consolidated revenues likewise dropped 11.1% to P1.6 billion from P1.8 billion last year.

Industrial lot sales generated P489 million in revenues during the first six months of 2026, down 44% from the same period last year, ALLHC said in a statement.

Customer interest in ALLHC’s Technopark developments remained evident, with sales reservations reaching P791 million, up 11% year-on-year, despite the prevailing market environment. These reservations provide visibility for future revenue recognition as payment milestones are achieved, ALLHC noted.

The leasing businesses generated P1.1 billion in total revenues, a 13% increase year-on-year, driven by higher contributions from the company’s warehouse and cold storage facilities.

Warehouse leasing revenues increased 9% year-on-year to P391 million, as occupancy across the portfolio continued to improve.

Cold storage revenues nearly doubled to P243 million, up 99% year-on-year, from higher utilization across most facilities. Commercial leasing revenues, meanwhile, declined 6% year-on-year to P438 million, reflecting softer occupancy during the period.

READ: AyalaLand Logistics Q1 income drops 92% on continued weak lot sales

A subsidiary of Ayala Land, Inc., ALLHC has principal business interests in holding companies, commercial leasing, industrial lot sales and development, and retail electricity supply. Among its developments include Laguna Technopark, Cavite Technopark, Pampanga Technopark, Batangas Technopark, and Laguindingan Technopark; and commercial leasing including Tutuban Center in Manila and South Park Center in Muntinlupa City. Its Alogis standard factory buildings and Artico cold chain facilities are in various areas nationwide. The A-FLOW ML1 Data Center in Laguna was launched last year.

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