Century Properties earnings rise on continued growth of affordable housing segment
Century Properties Group Inc. (CPG) posted a 17-percent hike in net income to ₱2.1 billion in the first nine months of 2025 from ₱1.8 billion in the same period in 2024, as its affordable housing unit continues to generate strong sales.
In a disclosure to the Philippine Stock Exchange (PSE), the firm said consolidated revenues rose by 14 percent to ₱12.31 billion, compared to ₱10.79 billion in the first nine months of 2024.
The First-Home Residential Developments (PHirst) segment remains CPG’s largest revenue contributor, generating ₱8.4 billion or 68 percent of total revenues.
Premium residential developments accounted for ₱2.8 billion (23 percent of total), while commercial leasing and property panagement contributed ₱711 million (six percent) and ₱400 million (three percent), respectively.
“By balancing PHirst and premium residential segments, we are able to sustain our growth in the first nine months of 2025 as it diversifies our revenue streams and expands our footprint across the nation’s key growth corridors,” said CPG President and Chief Executive Officer (CEO) Marco R. Antonio.
CPG’s operational efficiency further improved in the first nine months of 2025, as earnings before interest, taxes, depreciation, and amortization (EBITDA) reached ₱3.6 billion, a six-percent increase from ₱3.4 billion in the same period last year.
This was supported by a strong gross profit margin, sustained contributions from both the PHirst and premium segments, and reduced borrowing costs.
“As we look to the remainder of the year, we are optimistic that housing demand will remain resilient,” Antonio added, stressing “our commitment is to deliver value not only to our homeowners and customers but also to our shareholders and communities,” said Antonio.