Record and Rising Profits
Recurring profit increased 10% year-on-year to $740 million (from $673 million in 2024). Net profit rose 10% to a record $661 million. The company notes a multi-year trend of rising profits, more than doubling recurring profit since 2018 (from ~ $290 million to $740 million).
Revenue and Turnover Growth
Group turnover rose 2% to just over $10 billion in 2025, driven by higher revenues at Indofood and MPIC. Several major investments reported record-high revenues (Indofood, PLDT) and MPIC delivered its highest-ever earnings.
Strong Operational Contributors
Metro Pacific (MPIC) core profit up 15% with large contribution from Meralco’s generation and new LNG terminal/Project Chromite; PLDT achieved record service revenue and record EBITDA with a strong EBITDA margin of 52%.
Maya Fintech Profitability
Maya (38% owned fintech by PLDT) moved into profit for the first time in 2025, contributing to PLDT’s results and diversifying earnings sources.
Shareholder Distributions at Highest Level
Directors approved a final distribution of HKD 0.14 per share bringing full year regular distribution to HKD 0.27 per share, the highest-ever per-share distribution. Aggregate distribution growth including a special Maynilad distribution is ~10% year-on-year (regular DPS growth ~6%).
Solid Balance Sheet and Liquidity Metrics
Head office dividend income ~HKD 311 million in 2025. Interest coverage ratio improved to 4.5x (from 4.0x in 2024). Average interest cost ~4.6% and average debt maturity ~3.2 years with no borrowings due until a $350 million bond maturing Sept 2027.
Strategic Project Progress and Asset Development
PLP equity injection to finance a new gas-fired plant; Philex’s Silangan project accelerating toward commercial operations with higher grades than Padcal; increased valuation of PLP to $398 million after investment.
Capital markets and Investor Access
Maynilad IPO generated special distribution and broadened liquidity; new mainland China brokerage coverage ramping up, improving investor reach and trading liquidity.