Cosco Capital (COSCO) Q2 2025 earnings summary

Executive summary

• Consolidated revenues for 1H 2025 reached ₱119.54 billion, up 12.34% year-over-year, driven by strong performance across all business segments.

• Net income attributable to parent increased 9.25% to ₱7.61 billion from ₱6.96 billion in 1H 2024.

• Growth was supported by strategic initiatives, cost management, and expansion in store network and product offerings.

Financial highlights

• Gross profit rose to ₱24.06 billion, up 11.93% year-over-year, with a gross margin of 20.12%.

• Operating income increased by 16.01% to ₱15.86 billion.

• EBITDA increased 10.4% to ₱13.38 billion.

• Earnings per share improved to ₱0.66323 from ₱0.59637.

• Book value per share rose to ₱15.00 from ₱14.72.

Outlook and guidance

• Continued expansion in store network and new openings in grocery and specialty retail expected to support growth.

• Management expects strong liquidity and ability to fund expansion from internal cash flows and credit facilities.

• Real estate segment maintains high occupancy rates, supporting stable rental income.

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