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AyalaLand Logistics Holdings Corp. posted a net income of P81 million in the first nine months of the year, 87% down from the P618 million recorded in the same period last year
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ALLHC said the “modest performance for the period reflected slower industrial lot take-up and the ongoing stabilization of newly completed and acquired assets”
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The leasing and cold storage businesses posted revenue increases, while warehouse leasing remained steady
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In the fourth quarter, ALLHC is set to launch Phases 6 and 7 of Pampanga Technopark, introducing P3 billion in new inventory to its industrial portfolio
AyalaLand Logistics Holdings Corp. (ALLHC) posted a net income of P81 million in the first nine months of 2025, down 87% from the P618 million recorded in the same period last year.
Consolidated revenue likewise declined 35% to P2.6 billion from P4 billion during the period in review.
The “modest performance for the period reflected slower industrial lot take-up and the ongoing stabilization of newly completed and acquired assets,” ALLHC said in a statement.
While industrial lot sales declined from last year’s strong base, ALLHC said its leasing operations continued to provide steady contributions, partly offsetting the drop in sales.
Industrial lot sales revenues reached P1.1 billion, down 57% year on year following strong lot sales at Laguindingan Technopark in 2024. The company also launched Batangas Technopark Phase 2 in the third quarter, adding P2.3 billion worth of saleable inventory to its industrial portfolio.
READ: AyalaLand Logistics expands Batangas, Cavite technoparks
ALLHC’s leasing businesses generated P1.5 billion in total revenues, up 4% year on year.
Warehouse leasing remained steady with revenues at P559 million, while cold storage revenues rose by 32% to P202 million following the addition of new Artico cold chain facilities in Mabalacat, Urdaneta, and Iloilo. Commercial leasing also posted a 2% gain to P692 million revenues, supported by higher mall occupancies and stable office leasing
READ: AyalaLand Logistics acquires 2 logistics parks
“We continue to make progress in strengthening our portfolio, with newly added assets showing improvement as they stabilize We are sharpening our efforts to lift occupancy and sales across our developments,” ALLHC president and chief executive officer Robert Lao said.
In the fourth quarter, ALLHC is set to launch Phases 6 and 7 of Pampanga Technopark, introducing P3 billion in new inventory to its industrial portfolio. These phases will be registered with the Philippine Economic Zone Authority and the Board of Investments as an economic zone and an industrial zone, respectively.
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.
READ: AyalaLand Logistics income down 75% in first half on lackluster sale of industrial lots