Revenue by Segment

Financials in millions PHP. Fiscal year is January - December.

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2017
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Jan '17 Jan 1, 2017
Emperador	56.29B	60.84B	64.56B	60.71B	54.88B
Emperador Growth	-7.47%	-5.77%	6.35%	10.62%	6.74%
Travellers	32.91B	31.92B	31.76B	26.91B	13.18B
Travellers Growth	3.13%	0.49%	18.03%	104.12%	5.72%
Megaworld	81.84B	78.25B	65.58B	56.28B	48.19B
Megaworld Growth	4.60%	19.32%	16.52%	16.80%	18.28%
GADC	10.01B	47.94B	42.85B	34.48B	25.03B
GADC Growth	-79.12%	11.88%	24.28%	37.73%	25.59%
Unallocated Corporate Revenue	5.39B	928.92M	1.42B	892.56M	2.54B
Unallocated Corporate Revenue Growth	480.59%	-34.50%	58.89%	-64.81%	659.09%
Elimination of Intersegment Revenues	-1.37B	-1.10B	-631.45M	-343.00M	-411.61M
Total	185.08B	218.78B	205.54B	178.93B	143.41B
Total Growth	-15.40%	6.44%	14.87%	24.77%	15.53%

Source: S&P Global Market Intelligence.