Alliance Global Group, Inc. (AGI), a major company owned by businessman Dr. Andrew L. Tan, announced that it earned a record-high profit of P30.6 billion in 2025, according to a disclosure filed with the Securities and Exchange Commission on April 21, 2026.
What Does This Mean in Simple Terms?
Think of AGI like a parent company that owns several different businesses. In 2025, all these businesses together made more money than ever before – P30.6 billion to be exact. This is 10% more than what they made in 2024, which was P27.9 billion.
The company’s total revenue (all the money coming in from sales) reached P189.7 billion. The profit that belongs specifically to AGI’s shareholders was P20.7 billion, which grew by 19% compared to the previous year.
An Important Change: McDonald’s Philippines
Something interesting happened with AGI’s books in 2025. The company changed how it counts its McDonald’s Philippines business (officially called Golden Arches Development Corp or GADC). AGI still owns 49% of McDonald’s Philippines, but now treats it differently in their financial reports – as an “associate” rather than a fully controlled business.
This change, plus some one-time gains worth P3.4 billion from revaluing assets, affected the numbers. When we remove these special one-time items to see the “normal” performance, AGI’s profit was P27.0 billion, which is still a 2% increase from the year before.
What the Company Leader Said
Kevin L. Tan, the chief executive officer of AGI, explained that the company performed well even though the economy faced challenges. He said their businesses in offices, shopping malls, homes, and entertainment did better than their competitors.
Tan also mentioned that the company focused on spending money wisely and cutting unnecessary costs, which helped increase profits.
AGI’s Different Businesses
Alliance Global Group isn’t just one business – it’s like a basket containing several different companies:
- Real Estate: Through Megaworld Corporation (building homes, offices, and malls)
- Alcoholic Drinks: Through Emperador Inc. (making brandy and whisky)
- Entertainment and Hotels: Through Travellers International Hotel Group (operating Newport World Resorts)
- Fast Food: Through Golden Arches Development Corporation (McDonald’s Philippines)
How Each Business Performed
Megaworld: The Biggest Money Maker
Megaworld, which builds office buildings, shopping malls, and residential communities, was AGI’s biggest contributor in 2025. It earned P85.9 billion in revenue, up 5% from P81.7 billion the previous year.
The company’s rental income (money from people renting offices and mall spaces) grew by 10%. Specifically:
- Office rentals increased 11%
- Mall rentals grew 9%
- Hotel revenues expanded 9%
Megaworld’s properties were well-occupied: 87% of office spaces were rented out, 91% of mall spaces were filled, and 60% of hotel rooms in Metro Manila were occupied. The company sold real estate properties with a very healthy profit margin of 52%, showing they can charge good prices. Megaworld’s profit reached P21.0 billion, up 12% from P18.7 billion.
Travellers International: The Casino and Resort Business
Travellers International, which owns and operates Newport World Resorts (a casino and entertainment complex), earned P31.9 billion in revenue, a 2% increase from P31.3 billion.
Gaming revenue (money from casino operations) grew 4% to P24.2 billion, but hotel and other revenues decreased 4% to P7.6 billion. The company’s EBITDA (a measure of operating profit) grew 7% to P9.0 billion because they managed costs well. Travellers’ profit jumped 21% to P1.5 billion, helped by lower interest payments on loans.
Emperador: The Brandy and Whisky Maker
Emperador Inc., described as the world’s largest brandy company and a fast-growing Scotch whisky maker, reported revenues of P57.0 billion. The company faced a challenging environment as the global market for alcoholic drinks weakened.
However, Emperador’s brandy business remained strong, and the company sells its products in more than 100 countries. By controlling costs carefully and maintaining good profit margins, Emperador earned P3.9 billion in profit despite the tough market conditions.
Looking Ahead
According to the disclosure, CEO Kevin Tan said the company approaches the current year with “cautious optimism.” This means they’re hopeful but careful, as they continue to face challenges from global political tensions and economic pressures. The company plans to keep improving while responding strategically to these challenges.
About Alliance Global Group
AGI is listed on the Philippine Stock Exchange with the stock symbol AGI. According to the SEC filing, the company has 8,707,981,679 common shares outstanding and 1,561,846,300 treasury shares. The company is headquartered at the 7th Floor, 1880 Eastwood Avenue, Eastwood City CyberPark in Quezon City.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.
