Rockwell Land Q1 profit jumps 67% to P1.29B on growth in residential, commercial properties
Rockwell Land Corp. reported a 67% increase in first quarter (Q1) net income to P1.29 billion from P773 million last year, driven by growth across its residential and commercial segments.
In a statement on Friday, the company said its consolidated revenue for the quarter rose 52% to P1.43 billion from P943 million in the same period last year.
Consolidated revenue grew 45% to P6.46 billion from P4.46 billion. Residential development accounted for 75% of revenue, while commercial development, excluding joint ventures, contributed 25%.
“Although the real estate industry is showing signs of resilience despite the times, continued demand for premium, integrated communities continues to support the company’s growth,” said Rockwell Land.
“Backed by this strong start to 2026, Rockwell Land remains focused on strengthening its development in all key cities and emerging growth areas across the country,” it added.
Residential income reached P4.85 billion, driven by housing sales and project progress from Edades West and Cabo San Diego.
Commercial income grew by 55% to P1.60 billion, mainly due to the start of revenue recognition from the Alabang Commercial Center (ACC).
Retail activities within the commercial segment reached P1.14 billion, up 74%, supported by higher occupancy, improved rental rates, and the Alabang property consolidation.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 42% to P2.72 billion from P1.92 billion, with residential activities contributing 60% and commercial activities accounting for 40% of the total.–Grace C. MagnoRockwell Land Corp. reported a 67% increase in Q19 revenue to 1) P773 million a year ago, driven by growth across its residential and commercial segments.
In a statement on Friday, the company said its consolidated revenue for the quarter rose 52% to P1.43 billion from P943 million in the same period last year.
Consolidated revenue grew 45% to P6.46 billion from P4.46 billion. Residential development accounted for 75% of revenue, while commercial development, excluding joint ventures, contributed 25%.
“Although the real estate industry is showing signs of resilience despite the times, continued demand for premium, integrated communities continues to support the company’s growth,” said Rockwell Land.
“Backed by this strong start to 2026, Rockwell Land remains focused on strengthening its development in all key cities and emerging growth areas across the country,” it added.
Residential income reached P4.85 billion, driven by housing sales and project progress from Edades West and Cabo San Diego.
Commercial income grew by 55% to P1.60 billion, mainly due to the start of revenue recognition from the Alabang Commercial Center (ACC).
Retail activities within the commercial segment reached P1.14 billion, up 74%, supported by higher occupancy, improved rental rates, and the Alabang property consolidation.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 42% to P2.72 billion from P1.92 billion, with residential operations contributing 60% and commercial operations accounting for 40% of the total. – Alexandria Grace C. Magno
