Alliance Global Group, Inc. (AGI), a big company owned by businessman Dr. Andrew L. Tan, announced that it made P7.8 billion in profits during the first three months of 2026. This is 6% more money compared to the P7.4 billion they earned during the same time last year, according to their report filed with the Securities and Exchange Commission on May 20, 2026.

What the Numbers Mean

To understand this better, think of AGI like a piggy bank that owns several smaller piggy banks. When all these smaller piggy banks do well, the main piggy bank gets fuller. In this case, AGI’s “piggy bank” grew by 6%.

The company’s total sales (called revenues) reached P42.2 billion, which is slightly higher than last year’s P42.0 billion – about a 1% increase. The profit that belongs specifically to the owners of AGI went up by 5% to P5.2 billion.

It’s important to know that these numbers don’t include a company called Golden Arches Development Corp (the company that runs McDonald’s in the Philippines), which AGI stopped fully owning in March 2025. The comparison also leaves out some one-time extra money of P3.4 billion to make it fairer.

Why Did AGI Make More Money?

According to Kevin L. Tan, the CEO and President of AGI, the company did well because several of its businesses performed better. These include selling homes and buildings (residential), renting out properties (leasing), hotels (hospitality), and selling alcoholic drinks (spirits).

Kevin Tan explained that even though the economy and world situation were challenging, AGI managed to control its spending carefully. This smart money management helped the company grow while still pushing forward with its business plans.

Breaking Down AGI’s Different Businesses

1. Megaworld (Real Estate and Properties)

Megaworld is AGI’s biggest money-maker. It builds large communities called townships where people can live, work, and shop. In the first quarter of 2026, Megaworld made P5.3 billion in profit, which is 4% more than the P5.1 billion from the same time last year. Its total sales went up 3% to P21.6 billion.

Here’s how Megaworld’s different parts performed:

• Shopping Malls: Megaworld Lifestyle Malls earned P1.8 billion, up 9%. More people visited the malls and stores made more sales. The malls were 95% full with tenants (meaning very few empty stores).
• Hotels: Megaworld Hotels and Resorts made P1.5 billion, growing 8%. This happened because they opened more hotels and hosted more meetings and events (called MICE – Meetings, Incentives, Conferences, and Exhibitions).
• Office Buildings: Megaworld Premium Offices increased rental income by 4% as more companies signed new leases and renewed their contracts.
• Home Sales: Real estate sales brought in P13.3 billion, a 15% jump compared to the previous quarter. This growth came mainly from building projects in Metro Manila moving faster.

Megaworld’s EBITDA (a way to measure how much money a business makes before certain expenses) grew 9% to P9.6 billion, showing that the rental properties are becoming more profitable.

2. Emperador (Alcoholic Beverages)

Emperador, which makes and sells brandy and whisky, earned P1.9 billion in profit during the first quarter – 4% more than last year. The company’s total sales reached P13.4 billion, with brandy and whisky sales growing 6%.

Even though the local alcohol market in the Philippines wasn’t very strong, Emperador’s brandy products sold better as more customers chose to buy them. Whisky sales also improved slowly but steadily, even with challenges in international markets. The company also managed to make more profit on each bottle sold compared to last year.

3. Travellers International (Casino and Entertainment)

Travellers International owns and operates Newport World Resorts (NWR), a big entertainment complex with a casino, hotels, and shopping. In the first quarter, it made P7.0 billion in net revenues, with total gross revenues of P8.6 billion.

The casino part (gaming revenue) earned P6.6 billion. While VIP gambling was weaker, regular customers (called the mass segment) remained strong and made up for it.

The non-casino businesses grew 10% to P2.0 billion. This includes hotels (which charged higher room rates), restaurants, and shops inside the resort. By controlling costs better, NWR’s EBITDA reached P1.7 billion.

About Alliance Global Group

AGI is a holding company listed on the Philippine Stock Exchange with the stock symbol AGI. As of this report, the company has 8,707,981,679 common shares outstanding and 1,561,846,300 treasury shares. The company operates several major businesses including Megaworld Corporation (real estate), Emperador Inc. (alcoholic beverages), and Travellers International Hotel Group, Inc. (gaming and hospitality). It previously had interests in Golden Arches Development Corporation (McDonald’s Philippines), but this was deconsolidated in March 2025.

The report was signed by Dina D.R. Inting, AGI’s Chief Financial Officer and Compliance Officer.

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.