Cosco Capital (COSCO) investor relations material

Executive summary

• Consolidated revenues reached P262.04 billion in 2025, up 10.6% year-over-year, driven by strong performance across all business segments.

• Net income grew 3.4% to P15.96 billion, with net income attributable to equity holders at P9.32 billion, a 0.6% increase.

• The group maintained robust liquidity and a strong balance sheet, with total assets at P264.55 billion and equity at P164.83 billion as of year-end.

• Dividend payouts for 2025 included a regular cash dividend of P0.264/share and a special cash dividend of P0.132/share.

Financial highlights

• Grocery retail segment net sales rose 10.6% to P242.45 billion, with same store sales growth of 4.1% for Puregold and 6.1% for S&R.

• Liquor distribution revenues increased 9.0% to P20.19 billion, with net income up 0.75% to P3.56 billion.

• Commercial real estate revenues grew 4.1% to P2.13 billion, with net income up 9.8% to P1.23 billion.

• Specialty retail (Office Warehouse) sales rose 1.8% to P2.12 billion, net income up 6.2% to P69.26 million.

• Energy and minerals segment revenues increased 6.9% to P525.9 million, net income up 5.1% to P186.08 million.

• Gross profit margin improved to 19.8%, and operating income margin was 8.3%.

Outlook and guidance

• Management expects continued growth across all segments, supported by store expansion, efficiency initiatives, and strong consumer demand.

• No material events or uncertainties are expected to impact liquidity or capital resources in the near term.