Rockwell Land Corporation (ROCK) announced a remarkable financial and operational achievement during its Annual Stockholders’ Meeting on May 28, 2025.
The company reported a Php 3.7 billion Net Income After Tax (NIAT) to Parent for 2024, reflecting a 19% increase from the previous year.
Additionally, Rockwell Land achieved record-breaking Reservation Sales of Php 8.2 billion in the first quarter of 2025, marking a 70% growth compared to the same period last year.
Consolidated revenues for 2024 reached Php 20.1 billion, with Residential Development remaining the largest contributor, generating Php 15.9 billion, a 10% increase from 2023.
The commercial segment also showed steady growth, with revenues of Php 4.2 billion, up 4% year-on-year.
Rockwell Land’s newly launched horizontal projects played a significant role in the Q1 2025 Reservation Sales, contributing Php 3.5 billion.
The Samanean at Paradise Farms in Bulacan and Molinillo at Rockwell Center Lipa experienced rapid take-up of their first phases upon launch in December 2024.
Similarly, Lauan Ridges by Rockwell in Mataasnakahoy and Lipa, Batangas, launched in February 2025, is already more than 50% sold.
These developments highlight the growing demand for thoughtfully curated self-contained communities.
High-end condominium developments also performed well, with Edades West in Rockwell Center Makati contributing 20% to the total Q1 Reservation Sales.
This underscores the resilience of the luxury segment in the real estate industry and the continued demand for premium residential properties.
The company plans to introduce a full-service hotel at Aruga Resort and Residences – Mactan, offering travelers a chance to experience Rockwell’s standard of leisure while providing investors with attractive opportunities.
Additionally, the mixed-use IPI Center Done Rockwell in Cebu City will expand with the acquisition of a 7,500 sqm property adjacent to it, enhancing retail space and accessibility.
“Raising the bar and setting standards have always been our guiding principles. These values have kept us on course, even in uncertain market conditions,” said Rockwell Land Chairman and CEO, Nestor Padilla.
“As we celebrate our 30th year, we remain committed to excellence and innovation, serving our loyal customers and shaping the future of the real estate industry.”
Rockwell Land continues to elevate its offerings to meet the dynamic needs of its clients, steadily growing its business while maintaining its distinct brand of quality.
