MacroAsia profit surges 21% to P313.9 million

MacroAsia profit surges 21% to P313.9 million

/ 02:04 AM May 15, 2025

Food, ground-handling businesses drive up MacroAsia earnings

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MANILA, Philippines — MacroAsia Corp. served more in-flight meals and had stable ground-handling operations in the first quarter of 2025.

This resulted in a 21-percent surge in the firm’s bottom line.

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In its latest financial disclosure, the aviation support company reported that its net income attributable grew to P313.9 million. This came from P259.9 million in the first quarter of last year.

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Total revenues were up 6 percent to P2.35 billion for the period.

The top-line figures were mostly in-flight and other catering revenues, which rose by 9 percent to P1.15 billion.

MacroAsia served 6.25 million meals in January to March, up 13 percent from 5.53 million the previous year.

Ground-handling and aviation service revenues improved by 2 percent to P1.02 billion, accounting for 43 percent of the total earnings. —Tyrone Jasper C. Piad

READ: MacroAsia-backed firm seals loan for water project

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