Cosco Capital (COSCO) investor relations material

Executive summary

• Consolidated revenue for the first half of 2026 reached P130.91 billion, up 9.5% year-over-year, driven by strong performance in grocery retail and steady growth in other segments.

• Net income for the period was P8.31 billion, a 9.18% increase from the same period last year, with net income attributable to parent equity holders rising 8.53% to P4.90 billion.

• All major business segments except energy and minerals posted revenue and profit growth; energy and minerals declined due to seasonal and operational factors.

Financial highlights

• Gross profit increased by 10.23% to P26.52 billion, with a gross margin of 20.26%.

• Operating income rose 9.10% to P11.01 billion; EBITDA to interest expense ratio remained strong at 7.77:1.

• Earnings per share (basic) for the first half was P0.72, up from P0.66 year-over-year.

• Total assets stood at P260.20 billion, with equity at P167.13 billion and book value per share at P24.63 as of June 30, 2026.

Outlook and guidance

• Management expects continued strong liquidity and the ability to fund expansion and strategic investments from internal cash flows and available credit.

• No material events or uncertainties are expected to impact future operations or liquidity.