Try GOLD - Free
DoubleDragon climbs to P1.25B on strong Hotel101 unit sales
Business World Philippines
|May 20, 2025
LISTED property developer DoubleDragon Corp. posted a first-quarter attributable net income of P1.25 billion, more than four times last year’s P269.5 million, propelled mainly by a surge in Hotell01 unit sales, particularly from its overseas projects.
-
The company saw its gross revenue for the January-to-March period more than double to P4.45 billion from P2.05 billion in the same period last year, it said in a disclosure to the stock exchange on Monday.
DoubleDragon said its revenue growth for the period was mainly driven by an increase in Hotel101 unit sales boosted by its Hotel101 overseas projects.
This story is from the May 20, 2025 edition of Business World Philippines.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business World Philippines
Business World Philippines
FIT TO A T
The Jetour T1 Lightning i-DM looks like a Bronco, feels like an X5
3 mins
December 15, 2025
Business World Philippines
Filipinos with multiple myeloma deserve a more holistic healthcare system
Every year, an estimated 932 Filipinos are diagnosed with multiple myeloma, a cancer of the blood that develops in plasma cells found in the bone marrow. Plasma cells are a type of white blood cell responsible for producing antibodies that help the body fight infection.
3 mins
December 15, 2025
Business World Philippines
New fish import rules aim for digital traceability, IUUF enforcement boost
THE Department of Agriculture said its new rules for importing fish and fishery products will introduce digitized supply chain traceability and strengthen safeguards against illegal, unreported, and unregulated fishing (IUUF).
1 min
December 15, 2025
Business World Philippines
Garment, textile growth seen at 2-5% in 2026 amid US tariff concession hopes
EXPORTS of garments, textiles, and apparel are expected to grow between 2% and 5% next year as the government negotiates a lower tariff with the US and as the industry explores new markets.
1 mins
December 15, 2025
Business World Philippines
Generational Money Mindsets: Spending, Saving, and Investing
How Filipinos across generations are redefining what “money” means to them
5 mins
December 15, 2025
Business World Philippines
Growth in big banks' assets, loans slowed sharply in Q3
THE PHILIPPINES' largest banks saw the weakest asset growth in over three years in the third quarter as the flood control mess weighed on economic activity.
3 mins
December 15, 2025
Business World Philippines
T-bill rates may drop on BSP cut
RATES of the Treasury bills (T-bills) on offer this week could end slightly lower after the Bangko Sentral ng Pilipinas (BSP) lowered borrowing costs again and with the US Federal Reserve’s policy path still uncertain.
2 mins
December 15, 2025
Business World Philippines
Debt yields rise as BSP easing cycle nears end
YIELDS on government securities (GS) traded in the secondary market mostly rose last week after the Bangko Sentral ng Pilipinas (BSP) signaled an imminent end to its easing cycle.
2 mins
December 15, 2025
Business World Philippines
Winford Manila kicks off holidays in 'full bloom'
THE HOLIDAY FESTIVITIES have fully bloomed at Winford Resort & Casino Manila, with the lighting of its Christmas tree (in photo) and the launch of Flourish in Full Bloom art exhibit by the University of the Philippines College of Fine Arts Alumni Association, Inc. (UPCFAAAI).
1 min
December 15, 2025
Business World Philippines
Xin Tian Di bags triple win at World Luxury Restaurant Awards 2025
CROWNE PLAZA Manila Galleria & Holiday Inn & Suites Manila Galleria celebrate excellence in authentic Chinese dining as its signature Chinese restaurant, Xin Tian Di, has achieved a triple victory at the prestigious 2025 World Luxury Awards, earning the distinctions of Best Chinese Cuisine in Asia, Best Authentic Cuisine in the Philippines, and Best Head Chef in the Philippines for Executive Chef David Chu.
1 min
December 15, 2025
Listen
Translate
Change font size