DoubleDragon Reports Steady Growth Amid Major Portfolio Expansion
DoubleDragon Corporation has announced a modest increase in its net income for the first nine months of 2025, alongside a dramatic surge in consolidated revenues, signaling robust health for the Filipino conglomerate. The company's strategic focus on building a portfolio of recurring-income assets is paying significant dividends, fueling its ambitious long-term goals.
Financial Performance and Healthy Debt Ratio
For the period ending November 2025, DoubleDragon's net income saw a 0.7 percent year-on-year increase, reaching P2.55 billion. This growth, while slight, was complemented by a powerful 62.8 percent jump in consolidated revenues, which hit P10.46 billion. The company attributed this impressive revenue growth directly to its expanding base of assets that generate stable, recurring income.
Further bolstering its financial standing, DoubleDragon confirmed that its net debt-to-equity ratio remains at a very healthy 0.84x. This figure is considered one of the lowest and most conservative in the local Philippine market, providing the company with a solid foundation for future investments and expansion.
Asset Growth and Landmark Achievements
The company's physical footprint continues to grow significantly. To date, DoubleDragon has completed 1.5 million square meters of gross floor area across its diverse portfolio of malls, offices, hotels, and warehouses located nationwide.
A key driver of its industrial strategy is CentralHub, its joint venture with fast-food giant Jollibee. The company is actively scaling this project toward a planned P24.8-billion REIT (Real Estate Investment Trust) portfolio, a move that promises to unlock further value from its assets.
In a landmark achievement for a Philippine company, its subsidiary Hotel101 Global was successfully listed on the Nasdaq stock exchange in July. As of November 11, 2025, Hotel101 Global boasted a market capitalization of $1.58 billion. This milestone makes DoubleDragon the only Filipino company to have a subsidiary publicly traded in the United States.
Future Outlook and Global Ambitions
Looking ahead, DoubleDragon is not resting on its laurels. The group is aggressively ramping up the expansion of Hotel101 in Europe and other international markets. This global push is part of a long-term and audacious target to establish one million hotel rooms across 100 countries, positioning the Filipino brand as a major player in the global hospitality industry.
The combination of a strong domestic foundation, a healthy balance sheet, and bold international aspirations paints a picture of a corporation poised for sustained growth, carrying the Philippine flag onto the world stage.
