Sta. Lucia Land Inc. among top Philippine companies with increased revenues
By MB Business
Leading real estate developer has been ranked at 40th spot in the Top Philippine Growth Champions 2025 – a ranking produced by the partnership of local newspaper Philippine Daily Inquirer and research group Statista.
The Top Philippine Growth Champions 2025 is an annual list that ranks 50 local businesses from different industries based on the revenue growth rate achieved in between 2020 to 2023.
With such a list, SLI posted a compound annual growth rate of 18.7 percent with a total revenue of ₱11.315 billion in 2023. The company places second among the real estate developers that were included in the list.
Based in Cainta Rizal, Sta. Lucia Land Inc. is the publicly listed arm of the Sta. Lucia Group which has been active in the industry for more than 50 years. Considered as a pioneer, Sta. Lucia Group is the leading developer for golf communities in the Philippines and had since introduced more than 300 projects across over 12,000 hectares of land developed nationwide.
For 2025, the company has expressed its goals to expand further in the locations where it has already established its presence and at the same time explore new municipalities where it could possibly deliver its services to more Filipino families.
With mostly residential projects, the company is eyeing an estimated capex of ₱5 to ₱6 billion for its expansions for year 2025 in areas such as Laguna and Batangas. For year 2024, the company spent around ₱6.784 billion for capital expenditures per the audited annual report of the SLI.
Besides the aforementioned location, SLI also introduced a new project in the province of Pangasinan with a lake community development called Sta. Monica Lake Residences in Manaog.
Other than residential projects, SLI is also gearing up to open one of its most anticipated developments this year which is the Sta. Lucia Mall in Davao City.
“Our company continues to focus on not just on growth and expansions but on engaging new local markets with the quality of real estate service we provide. Being included as one of the country’s top growth champions is a great motivational force to us to pursue innovation and is an indicator that indeed there is a significant part of the population looking for quality real estate developments”, SLI President Exequiel Robles explained.
“We look forward to welcoming families and investors to our new properties which are set to rise in locations we have recently explored and have added to our portfolio,” Robles added.
The company celebrates its fourth appearance in the list which emphasized its consistent performance during year 2021, 2022 and 2024.