Italpinas income fell 27% to P251M in 2025

MANILA, Philippines – Boutique developer Italpinas Development Corp.’s (IDC) 2025 net income fell 27 percent to P250.9 million, weighed by higher interest expenses and lower appraisal gains.  This came despite a 29.9-percent jump in sales to P784.7 million, driven by strong take-up of ongoing residential projects.  READ: italpinas-unit-to-raise-p1-b-funding-for-bataan-project In a statement on Monday, the company