Phinma expects more robust growth in 2025

MANILA, Philippines — The Del Rosario Group’s diversified conglomerate, Phinma Corp., expects more robust growth this year, fueled by expectations of better macroeconomic business conditions and its continuing expansion initiatives.

Equipped with fresh capital from its successful P1 billion stock rights offering, Phinma is making strategic investments in the areas of socialized housing, food security, healthcare and green industry.

“We expect stronger growth this year led by continued enrollment growth in our education business and sustained recovery in the construction materials and property sectors,” Phinma chief financial officer EJ Qua Hiansen told The STAR.

Hiansen said the group is optimistic macroeconomic business conditions would improve this year.

“We will also continue the development of our exciting growth projects that will begin commercial operations in 2026. These will let us make a larger impact on our stakeholders,” he said.

Phinma last November raised P1 billion from a stock rights offering, the company’s first fund-raising in the stock market in close to three decades.

The company has allocated P250 million of the proceeds for the establishment of Phinma Hospitality’s TRYP by Wyndham hotel in Saludad, the group’s first-ever mixed-use master-planned 21-hectare township in Bacolod City.

Phinma likewise earmarked P210 million for the development of Union Insulated Panel Corp.’s new state-of-the-art facility in Pampanga with a yearly capacity of one million square meters.

Further, P200 million has been allotted for projects of Phinma Properties in emerging cities outside Metro Manila such as Bacolod, Cebu and Davao.

The company is also looking to spend P170 million for the 58 projects secured by Phinma Solar Energy Corp. in the government’s Green Energy Auction Program and another P114 million for the construction of Philcement Corp.’s modern cement manufacturing facility in Davao del Norte that can produce two million metric tons annually.

Phinma is likewise embarking on an aggressive expansion for its education business in the coming years by acquiring schools in the Philippines and entering into new markets Southeast Asia.

From January to September last year, Phinma’s revenues rose to P16.98 billion, while net income attributable to shareholders of the parent declined to P122.73 million due to lower selling prices and higher operating costs, interest expense and tax.