Century Properties (CPG) investor relations material

Executive summary

• Revenue for the six months ended June 30, 2026, was P7.62 billion, nearly flat year-over-year, with a 1% decrease in real estate sales offset by growth in leasing and property management revenues.

• Net income for the period was P1.17 billion, down 4% from the prior year, mainly due to higher interest and financing charges and a 51% increase in income tax expense.

• Gross profit improved by 9% to P3.74 billion, driven by higher margins from new projects and cost efficiencies.

Financial highlights

• Gross profit margin rose to 49% from 45% year-over-year.

• Earnings per share (basic/diluted) for the first half remained at P0.095, unchanged from the prior year.

• Total assets increased by 12% to P68.41 billion, while total liabilities rose 18% to P43.19 billion.

• Cash and cash equivalents surged 148% to P6.16 billion, reflecting proceeds from new bond and note issuances.

• Debt-to-equity ratio increased to 0.9x from 0.7x, and debt-to-EBITDA rose to 5.2x from 3.9x.

Outlook and guidance

• Management expects continued growth in leasing and property management, with stable real estate sales as new project launches offset completed inventory.

• No material trends, events, or uncertainties are expected to impact liquidity or operations, aside from ongoing macroeconomic developments.