Robinsons Land Corp. (RLC) reported a two increase in attributable net income to ₱10.17 billion for the first nine months of the year, fueled by strong performance across its core businesses, particularly residential, malls, and hotels.

In a disclosure to the Philippine Stock Exchange, the Gokongwei Group’s property developer said that excluding a one-time gain from the GoTyme investment last year, RLC’s attributable income rose 10 percent year-on-year.

For the third quarter alone, RLC said that the company’s profit grew at a faster pace, at 19 percent to ₱3.30 billion, driven by both its Investment and Development portfolios.

Consolidated revenues for the nine-month period improved 13 percent to ₱35.61 billion.

The Development portfolio surged 28 percent, with the organic residential segment’s top line climbing 76 percent.

Robinsons Residences saw realized revenues (excluding joint ventures) increase 76 percent to ₱7.84 billion, with third-quarter revenues alone soaring 247 percent due to the recognition of prior-year sales.

The Investment portfolio also delivered solid numbers. Robinsons Malls posted ₱14.55 billion in revenues, up 11 percent, as rental revenues hiked 10 percent.

Robinsons Hotels and Resorts (RHR) reported a 10 percent increase in revenues to ₱4.74 billion, supported by a strong system-wide occupancy rate of 66 percent.

“Our performance this quarter underscores the strength and resilience of our core businesses... We are confident that our diversified portfolio and disciplined execution will position Robinsons Land for continued growth and market leadership,” RLC President and CEO Mybelle V. Aragon-GoBio said.

The company also strengthened its finances, settling ₱13.80 billion in debt and reducing loans payable 21 percent to ₱41.91 billion. This brought the net debt-to-equity ratio down to 18 percent from 27 percent at the end of 2024.