Forest Lake posts record P5.5 billion sales in 2025

MANILA, Philippines — Forest Lake Development Inc., the Philippines’ leading memorial park developer with Total Memorial Care, achieved another milestone year in 2025 after recording a historic P5.5 billion in sales production – the highest in the company’s nearly three-decade history and a 45-percent increase from the P3.8 billion recorded in 2024.

Built on nearly three decades of trust from Filipino families, strategic investments, operational excellence, innovation and compassionate service, Forest Lake’s record performance is a testament to the growing demand for accessible and comprehensive memorial care solutions across the country.

“The year 2025 was a landmark year for Forest Lake. Our record-breaking P5.5 billion sales production, combined with strong revenue and profit growth, reflects the trust that Filipino families continue to place in our brand and the dedication of our people,” Alfred Xerez-Burgos III, president and CEO of Forest Lake Development Inc., said.

Forest Lake’s record sales translated into equally strong financial results, reinforcing the company’s position as one of the country’s leading memorial providers. Its strong performance was reflected across key financial indicators, including revenue, profitability, liquidity and shareholder’s equity.

Aside from the milestone P5.5 billion sales, total revenue likewise grew by 20 percent to P3.26 billion, up from P2.72 billion in 2024, continuing the company’s sustained average annual revenue growth of approximately 20 percent since 2020 – a testament to the company’s long-term business strategy and the growing trust of Filipino families nationwide.

Moreover, net income before tax also increased by 20 percent to P789 million, compared to P660 million a year earlier. Forest Lake also strengthened its financial position with total equity rising to P2.66 billion from P1.9 billion, while cash and cash equivalents surged by 121 percent, providing greater liquidity and financial flexibility to support future investments.