MANILA, Philippines — Lucio Tan-led MacroAsia Corp. reported a 33 percent fall in its first-half earnings to P449.6 million as rising costs and weaker contributions from associates offset higher revenue gains.

That figure represented the company’s net income attributable to equity holders of the parent firm and was down from P679.7 million in the first half of 2025.

READ: MacroAsia profit jumps 28% to P1.44B in 2025

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Notably, MacroAsia still posted the decline even as consolidated revenues rose 9 percent to P5.26 billion from P4.81 billion, driven by growth in its food services, ground handling, aviation support, and water businesses.FEATURED STORIES