PHINMA earnings are supported by education as property, materials units post losses

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PHINMA earnings supported by education

Highlights

PHINMA Education Holdings, Inc. delivers P1.94 billion net income and P6.07 billion revenues for the first nine months of 2026, with enrollment reaching 190,000 students.
The construction materials segment posts a net loss of P105.35 million on revenues of P7.66 billion, citing subdued construction activity and weather-related disruptions.
PHINMA Property Holdings Corp. reports a net loss of P525.44 million on P782.94 million revenues, while hospitality units earn P25.08 million net income amid resilient domestic tourism.

Nine-month results and segment performance

As reported by BusinessWorld Online, PHINMA says its education unit remains the main earnings driver in the first nine months of 2026, even as its construction materials and property businesses stay in the red.

PHINMA Education Holdings, Inc. records consolidated net income of P1.94 billion and revenues of P6.07 billion for the nine-month period. Enrollment for the first semester of school year 2026-2027 reaches about 190,000 students across its schools in the Philippines and Indonesia.

By contrast, the construction materials segment posts a combined net loss of P105.35 million despite generating P7.66 billion in revenues. The business includes Union Galvasteel Corp., Philcement Corp., Union Insulated Panel Corp., and PHINMA Solar Energy Corp.

PHINMA Property Holdings Corp. reports a net loss of P525.44 million on revenues of P782.94 million. The company says subdued construction activity and weather-related disruptions weigh on the materials segment, prompting operational improvements and strategic capacity investments.

Business conditions and portfolio impact

Chairman and Chief Executive Officer Ramon R. del Rosario, Jr. says PHINMA has spent the past few years investing to strengthen its businesses and expand its reach, with management now placing greater emphasis on execution as those investments mature.

The company does not provide comparative figures for the same period a year earlier in its announcement. Its hospitality businesses post combined net income of P25.08 million and revenues of P483.10 million, supported by domestic tourism activity and steady corporate demand across its hotels despite broader travel uncertainty linked to geopolitical developments.

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