In a short impactful address at DoubleDragon Corporation’s Annual Stockholders’ Meeting, Chairman Edgar “Injap” Sia II reaffirmed the company’s laser-focused goals for 2025 and laid out an ambitious roadmap extending to 2035, positioning DoubleDragon as a formidable global enterprise.
Sia reiterated two key targets set for 2025:
- Philippine portfolio optimization: Achieve full maturity and optimal revenue generation from the company’s Philippine assets.
- Global market expansion: Secure a strong international foothold through the company’s offshore ventures.
“These two straightforward goals are still exactly the same focused obsession we do the past year,” Sia said, expressing confidence that DoubleDragon is on track for full achievement by 2025.
“I can confidently say…from where DD stands today, DD will fully achieve that previously set goal of becoming a completely mature company as set by next year 2025,” he added.
Vision 2035: From local powerhouse to global giant
Looking beyond 2025, DoubleDragon’s chairman set his sights on five ambitious goals to be realized by 2035:
- Revenue and profit milestone: Surpass ₱500 billion in global consolidated annual revenues and ₱50 billion in net income.
- Nationwide presence: Establish a footprint in all 82 provinces of the Philippines.
- Global expansion via Hotel101: Extend its hospitality brand to 100 countries worldwide.
- Debt-free status: Attain a debt-free corporate structure.
- Significant dividends: Generate annual cash dividends exceeding ₱12 billion.
Sia emphasized that these targets will drive DoubleDragon’s future growth and reinforce its role as a key contributor to the Philippine economy through multi-currency revenue inflows.
“To our DD directors, advisers, and officers; to all our DD team members, partners, bankers, investors, media, family and friends, and to all our stakeholders; to my fellow DD Shareholders, all these five straightforward vital tasks we have set out, can only be done by the whole DD team with the solid support from all of you,” Sia said.
“Rest assured myself and our whole DD team will put these five priority goals for 2035 to heart. Your whole DD team will live and breathe these goals as we go forward towards 2035. Your whole DD team will continue to strategically strengthen its base in the Philippines, and continue to strategically position globally,” he added.
With a strengthened Philippine base and a determined push into global markets, one of the country’s leading real estate and investment companies is prepared to transcend borders, ensuring sustained growth and long-term value for its shareholders and the nation.
DoubleDragon has a diversified portfolio spanning commercial leasing, hospitality, and industrial properties.
Among those present at the annual stockholders’ meeting were: Dr. Tony Tan Caktiong, former chief justice Artemio Panganiban, Dr. Gary Cheng, former energy secretary Vince Perez, Mr. Ferdinand Sia, Mr. William Tan Untiong, Ms. Rizza Marie Joy Sia Javelona, Ms. Hannah Yulo Luccini, Mr. Joseph Tanbuntiong, and Mr. Ernesto Tanmantiong.
