PHINMA Corp. sets capex at P3.8 billion amid growth push

DEL ROSARIO-LED conglom-erate PHINMA Corp. is allocating P3.8 billion for capital expenditure (capex) this year, lower than the P4.5 billion set in 2024, as it expects continued growth in its education and property businesses.

- Revin Mikhael D. Ochave

“The PHINMA Group has set a capex of P3.8 billion for 2025 to better support its business initiatives to uplift underserved families and communities,” PHINMA Chairman and Chief Executive Officer Ramon R. del Rosario, Jr. said in a statement on Tuesday.

“We are optimistic for sustained growth with the expected higher enrollment for education, the accelerated implementation and completion of PHINMA Property Holdings Corp’s (PHINMA Properties) projects, the strategic launch of our community housing business unit, and the continued implementation of our growth initiatives,” he added.

PHINMA Chief Financial Officer EJ A. Qua Hiansen said in a Viber message that P3.1 billion will be allocated to PHINMA Education, while P460 million will be allotted to PHINMA Properties.