August 16, 2025 | 12:00am
MANILA, Philippines — DoubleDragon Corp., the property developer chaired by tycoons Edgar “Injap” Sia II and Tony Tan Caktiong, noticed earnings surge within the first half as revenues ballooned by greater than half in the course of the interval.
Web Earnings of the corporate reached P2.37 billion from January to June, 44 % greater year-on-year.
Consolidated revenues for the interval soared by 58.3 % to P6.95 billion.
DoubleDragon stated it has reached 1.5 million gross ground space of accomplished recurring income asset portfolio from its string of onerous belongings unfold out in prime places in Luzon, Visayas and Mindanao.
The corporate additionally holds belongings abroad by way of its subsidiary Hotel101 International.
DoubleDragon is likewise actively constructing out CentralHub’s industrial warehouse portfolio in direction of its purpose of creating a P24.8-billion warehouse leasing portfolio and checklist the primary industrial actual property funding belief within the Philippines.
CentralHub is a joint-venture firm of DoubleDragon and Jollibee Meals Corp.
Additional, DoubleDragon continues to spice up its mall portfolio with plans to open CityMall in Guiwan, Zamboanga Metropolis on Dec. 15.
The upcoming mall is situated proper beside the Guiwan Zamboanga public market.
DoubleDragon’s portfolio of 53 malls nationwide cements its place because the third largest mall developer within the Philippines.
The corporate is without doubt one of the few corporations that operates its fashionable group malls within the countryside, so far as Cotabato Metropolis, Koronadal Metropolis, Dipolog Metropolis in Zamboanga Del Norte and Isulan Sultan Kudarat.
