Revenue Breakdown

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2015	FY 2013	FY 2012
Period Ending	Sep '25 Sep 30, 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	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Jan '15 Jan 1, 2015	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Merchandise Sales Revenue	437.80B	421.76B	401.73B
Merchandise Sales Revenue Growth	3.80%	4.99%	9.37%
Real Estate Sales Revenue	45.31B	45.91B	42.12B
Real Estate Sales Revenue Growth	-1.31%	8.99%	7.88%
Rent Revenue	71.42B	67.97B	61.78B
Rent Revenue Growth	5.09%	10.00%	25.66%
Equity in Net Earnings of Associate Companies and Joint Ventures	51.83B	50.00B	44.95B
Equity in Net Earnings of Associate Companies and Joint Ventures Growth	3.65%	11.25%	25.45%
Other Service Revenue	68.25B	69.14B	65.67B
Other Service Revenue Growth	-1.29%	5.28%	6.54%

Revenue Breakdown 2

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2015	FY 2013	FY 2012
Period Ending	Sep '25 Sep 30, 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	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Jan '15 Jan 1, 2015	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Property Revenue	134.53B	131.94B	119.00B
Property Revenue Growth	1.97%	10.87%	21.13%
Retail Revenue	449.74B	433.26B	414.00B
Retail Revenue Growth	3.81%	4.65%	9.72%
Banking Revenue	45.45B	43.90B	39.27B
Banking Revenue Growth	3.53%	11.81%	26.73%
Portfolio Investments Revenue	42.07B	42.92B	41.83B
Portfolio Investments Revenue Growth	-1.98%	2.62%	-4.23%
Other Segment Revenue	2.80B	2.75B	2.16B
Other Segment Revenue Growth	1.82%	27.62%	-22.00%

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2015	FY 2013	FY 2012
Period Ending	Sep '25 Sep 30, 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	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Jan '15 Jan 1, 2015	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Property Income Before Income Tax	61.22B	57.31B	50.34B
Property Income Before Income Tax Growth	6.81%	13.86%	28.86%
Retail Income Before Income Tax	28.46B	29.19B	28.75B
Retail Income Before Income Tax Growth	-2.52%	1.53%	10.89%
Banking Income Before Income Tax	45.45B	43.90B	39.27B
Banking Income Before Income Tax Growth	3.53%	11.81%	26.73%
Portfolio Investments Income Before Income Tax	7.29B	7.76B	9.08B
Portfolio Investments Income Before Income Tax Growth	-6.11%	-14.56%	10.51%
Other Segment Income Before Income Tax	-3.98B	-5.26B	-4.62B

Updated Sep 30, 2025. Data Source: Fiscal.ai.