WORLD · VERIFIED DEVELOPMENT
Vista Land's 2025 Net Income Plunges 59% Amid Delayed Figures
WHY IT MATTERS
The delayed release of Vista Land's financials and the significant drop in net income raise concerns about the company's financial health and the Villar family's business dealings, particularly as Senator Mark Villar switches camps and the company's trading status remains uncertain.
What happened
Billionaire Manny Villar's Vista Land and Lifescapes (VLL) released its long-delayed 2025 earnings figures, revealing a 59% drop in net income to P3. 8 billion from P9. 37 billion in 2024. The company reported a 6% rise in earnings before interest, taxes, depreciation, and amortization (EBITDA) to P24.
2 billion. However, its consolidated revenue stood at P35. 8 billion, with gross profit from its residential business falling 18% to P9. 7 billion.
A discrepancy in the figures suggests a substantial fourth-quarter loss or revisions to earlier figures. Vista Land emphasized its launch of 46 horizontal housing developments worth an estimated P49. 6 billion and reported assets of P376. 8 billion at year-end.
PRIMARY SOURCES
Villar’s Vista Land 2025 net income falls 59% as delayed figures surface
Rappler · Lance Spencer Yu · Discovery only; publisher copyright terms apply