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MANILA, Philippines — Alliance Global Group Inc. (AGI) grew its first-quarter net income by 6 percent to P7.8 billion, supported by stronger residential sales, leasing revenues, and improving hospitality operations despite global economic uncertainties.
In a disclosure on Thursday, the Andrew Tan-led conglomerate said the earnings comparison was based on normalized figures following the deconsolidation of Golden Arches Development Corp. in March 2025 and the exclusion of one-time gains worth P3.4 billion.
Consolidated revenues inched up by 1 percent to P42.2 billion from the normalized level of P42 billion a year earlier, driven by growth in its residential, leasing, hospitality, and spirits businesses.
READ: Alliance Global booked record P30.6B profit in 2025
