Century Properties (CPG) Q4 2025 earnings summary

Executive summary

• Consolidated revenues rose 12% year-over-year to P16.40 billion in 2025, driven by strong real estate sales and improved property management and hotel services.

• Net income attributable to equity holders increased 14% to P2.77 billion, with EPS at P0.23, up from P0.20 in 2024.

• Gross profit margin remained stable at 48%, reflecting effective cost management despite higher development activity.

• The group maintained a robust liquidity position, with current assets of P42.16 billion and a current ratio of 2.0.

Financial highlights

• Real estate sales grew 13% to P14.49 billion, while leasing revenue declined 34% to P783.45 million.

• Gross profit reached P7.84 billion, up 11% year-over-year.

• EBITDA increased to P5.28 billion, with a debt-to-EBITDA ratio improving to 3.4x.

• Total assets expanded to P60.94 billion, and equity rose to P24.20 billion.

• Cash and cash equivalents stood at P2.49 billion at year-end, down from P4.18 billion.

Outlook and guidance

• The group expects continued growth in real estate sales, supported by new project launches and land acquisitions in key regions.

• Management is focused on operational synergies and cost efficiencies, with planned mergers among subsidiaries to enhance resource allocation.

• The group secured a waiver for a DSCR covenant breach and prepaid P500 million in principal, supporting future compliance.