Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) reported a 20 percent increase in net income for the first half of 2025, driven by improved financial and operational performance and strong contributions from its energy, water, and hospital businesses.

During a financial briefing, Chaye Cabal-Revilla, MPIC chief finance, risk, and sustainability officer, said that the company’s consolidated core net income (CCNI) for the first six months was ₱15 billion, a significant jump from the ₱12.5 billion recorded in the first half of 2024.

The reported net income also grew from ₱12.5 billion to ₱17 billion, boosted by the sale of Philippine Coastal Storage and Pipeline Corp.

According to MPIC, the company’s overall financial and operational activities improved, resulting in an 18 percent increase in contributions from operations to ₱17.5 billion.

The energy business, particularly Manila Electric Co. (Meralco), was a key driver, contributing ₱11.2 billion to MPIC’s net operating income (NOI).

Higher tariffs from Maynilad Water Services, Inc. also boosted performance with a ₱3.8 billion contribution, while Metro Pacific Tollways Corp. (MPTC) delivered ₱3.3 billion. These two companies collectively generated 41 percent of MPIC’s NOI.

For the first six months of 2025, Meralco’s financial performance improved due to stronger contributions from its power generation and distribution unit (DU) business, leading to a 10 percent increase to ₱22.5 billion. Maynilad’s core net income also expanded by 23 percent to ₱7.4 billion due to lower operating expenses and taxes.

MPTC's core net income saw a marginal six percent increase to ₱3.5 billion, driven by an increased shareholding in the North Luzon Expressway (NLEX), which was partially offset by higher financial costs.

The company also noted that its hospital business, the Metro Pacific Hospitals network, saw a higher number of patient volumes during the six-month period.

MPIC chairman, president, and chief executive officer Manuel Pangilinan stated that the company is focused on further expanding its investments throughout the remaining months of 2025.

“Our performance in the first half of the year reflects the continued resilience and strength of our businesses. We've seen meaningful contributions from power, water, and toll roads—sectors that are fundamental to the country’s development,” he said. 


“Beyond financial performance, we are sharpening our focus on long-term value creation by scaling investments in areas where we can make the greatest impact—energy, food security, and inclusive infrastructure,” he added.