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PHINMA Corp. reported a consolidated net loss of ₱226.92 million in the first half of 2025 from a profit of ₱170.93 million in the same period last year due to losses of its construction materials and property units amid “pressure from the macroeconomic environment and the impact of seasonal factors.”
In a disclosure to the Philippine Stock Exchange (PSE), the firm said attributable net loss for the first semester ballooned to ₱455.06 million this year from the loss of ₱22.1 million in the comparative period of 2024.
PHINMA saw consolidated revenues slightly increase to ₱10.82 billion for the first six months of the year from ₱10.37 billion in the same period of 2024, mainly driven by the strong performance of PHINMA Education Holdings Inc.
The company assured that its ongoing expansion efforts will develop new markets and improve cost efficiency across its strategic business units.
“The PHINMA Group looks forward to improved results as investments made in past years and ongoing expansion activities which have laid the foundation for brighter prospects,” said PHINMA Chairman and Chief Executive Officer (CEO) Ramon R. del Rosario Jr.
He noted that, “Our entry into the fields of community housing and insulated panels demonstrate our deliberate, intentional efforts to more directly impact Filipino families and communities in need by catering to their urgent, daily necessities. The Group is steadfast in making a difference through our strategic business units.”
PHINMA Education had a record-high enrollment during the second semester of school year (SY) 2024-2025—a testament to the network’s successful student retention programs and acquisition of St. Jude College Dasmariñas Cavite.
With these strong results, PHINMA Education reported consolidated revenues and a consolidated net income of ₱2.74 billion and ₱558.21 million, respectively, for the first half of 2025.
“PHINMA Education is committed to ensuring our students’ success by meeting them where they are and supporting them throughout their journeys,” said PHINMA President and Chief Operating Officer (COO) Dr. Chito B. Salazar.
He added that, “With improved enrollment, student support systems, and operations, the company is well-positioned to transform more lives through education. PHINMA Education will keep expanding its reach to serve more underserved youth in the Philippines and Southeast Asia, particularly Indonesia and Vietnam.”
The PHINMA Construction Materials Group (PHINMA CMG) continued to focus on growth and implementing expansion efforts to improve margins. Improved sales efforts translated to increases in volume and combined revenues rose to ₱6.88 billion for January to June.
PHINMA CMG had a net loss of ₱89.48 million after frontloading fixed costs and interest expenses to maximize the impact of its investments and to improve its business operations in succeeding periods.
PHINMA Property Holdings Corp. (PHINMA Properties) recorded revenues of ₱765.72 million for the period but the company had a net loss of ₱299.85 million amid industry headwinds that tempered real estate demand and extended payment terms for projects.
The Group’s hospitality segment saw occupancy rates decline in certain properties due to weaker tourist demand. PHINMA Microtel Mall of Asia’s (MOA) consistent performance supported the segment’s combined revenues ₱268.27 million and helped soften the combined net loss of ₱2.03 million for the period.
“The Group is focused on its mission to make lives better and will do this on a larger scale by supporting our strategic investments targeted to underserved sectors. PHINMA shall reach more stakeholders and optimize our operations, thereby maximizing our impact on society,” said Dr. Salazar.
