THE PRESIDENT’S REPORT: SERVICE. STABILITY. SUSTAINABILITY.
Annual Stockholders Meeting – June 20, 2025
Good morning to our esteemed stockholders, members of the Sta. Lucia Land Inc. Board of Directors and Officers, and distinguished VIP guests.
It is my pleasure to present the latest developments and achievements of Sta. Lucia Land Inc. (SLI). For the year 2024, we are proud to report gross revenues of PHP 12.102 billion, while achieving a new high in net income of PHP 4.239 billion—representing annual increases of 6.96% and 13.56%, respectively. Our balance sheet continues to strengthen, with total assets rising steadily by 9.89% to a record PHP 68.021 billion.
This performance reflects our unwavering growth momentum, driven by strategic landbanking initiatives as the shift toward provincial markets accelerates in the residential sector. In 2024, SLI expanded its landholdings through new acquisitions and joint ventures totaling over 1.219 million square meters. These developments were approved by our Board of Directors and span across key locations nationwide, including:
- Tanza, Cavite
- Binan, Laguna
- Cabuyao, Laguna
- San Benito, Laguna
- Bauan, Batangas
- Lian, Batangas
- San Juan, Batangas
- Antipolo, Rizal
- San Mateo, Rizal
- Taytay, Rizal
- Bayambang, Pangasinan
- Subic, Zambales
- Plaridel, Bulacan
- Mexico, Pampanga
- Gapan, Nueva Ecija
- Dumangas, Iloilo
In addition, we are exploring development partnerships for our commercial properties, with over 2.19 million square meters of potential projects nationwide. These initiatives aim to diversify and increase our recurring revenue streams.
We are also excited to announce the upcoming launch of Sta. Lucia Mall Davao, strategically located near Davao International Airport. This transit-oriented lifestyle mall spans over 40,918 sqm of gross floor area and offering 24,143 sqm of gross leasable space. The mall is positioned to serve local and international travelers as well as surrounding residential communities, further strengthening our presence in Mindanao.
In 2024, our efforts have garnered prestigious accolades, including:
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Philippine Growth Champion 2024 by Statista
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C-Suite Awards 2024 (UK) – Philippines’ Best Real Estate Recognitions for our Chairman, CEO, and CFO
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World Golf Awards 2024 – Eagle Ridge Nick Faldo Course & The Orchard Golf & Country Club Palmer Course as the Philippines’ Best Golf Courses
These awards underscore our commitment to excellence and reflect our core values of Service, Leadership, and Integrity.
As we chart the path ahead, we remain optimistic about our sustained growth and success. Our solid foundation allows us to advance to new heights, continually enhancing value for our clients, partners, and stakeholders. With unwavering dedication, we will build on this momentum to deliver better service, innovative developments, and sustainable communities.
I extend my deepest gratitude to our hardworking team, dedicated board members, senior management, and steadfast partners for your unwavering support over the years. Together, we will continue to create transformative real estate developments here in the Philippines.
Thank you.
Exequiel D. Robles
President