Century Properties Group reports 14% Income growth in first half of 2025

Century Properties Group Inc. (CPG) has sustained its strong performance in the first half of 2025, reporting a net income after tax (NIAT) of P1.22 billion, which reflects a 14% increase from P1.07 billion in the same period in 2024. Consolidated revenues also rose by 7%, reaching P7.64 billion compared to P7.16 billion last year.

CPG’s First-Home Residential Developments (PHirst) segment remains the primary revenue growth driver, contributing P5.23 billion, representing 68% of total revenues. The Premium Residential Developments segment accounted for 21% with a contribution of P1.61 billion, while Commercial Leasing and Property Management segments contributed 7% or P535 million and 3% or P264 million, respectively.

“Our strong performance in the first half of 2025 reflects the continued trust of our customers and the resilience of our diversified portfolio. As we move forward, we remain focused on expanding strategically into high-potential markets through both our affordable and premium residential offerings,” said Marco R. Antonio, President and CEO of CPG.

As of June 30, 2025, CPG’s total assets expanded by P2.32 billion to P58.19 billion, while total liabilities are at P35.55 billion, resulting in stockholders’ equity of P22.64 billion.

The company reported a continued improvement in its Debt-to-EBITDA ratio, which has decreased to 3.9x from 4.1x, reflecting ongoing revenue growth and enhanced profitability. Its Debt-to-Equity ratio also improved to 0.7x from 0.8x, indicating a reduction in debt and a strengthened equity base.

As part of its strategic diversification efforts, the company is set to expand its Premium Residential Developments portfolio with the planned launch of two new horizontal projects. The first will be in Pampanga, while the next is in Cavite. Both developments are scheduled for formal launch in 2026.

PHirst, on the other hand, is on track with its planned launches of six to eight new projects in 2025 including its first development in Mindanao, slated for launch in the third quarter of 2025.

“As we move forward, CPG remains focused on diversifying its revenue streams within the affordable and premium residential segments supported by commercial leasing and property management, while strategically expanding its market presence across key growth corridors nationwide. These initiatives are aligned with our long-term vision of delivering enduring value to our stakeholders and meeting the evolving needs of Filipino families across the country,” adds Antonio.

For 2025, CPG’s capital expenditure (capex) is set at P12 billion, comprising up to P10 billion for PHirst and up to P2 billion for Century’s premium line, positioning the company for future growth.