Century Properties Group Inc. (CPG) announced its continued robust financial performance for the first nine months of 2025 (9M 2025), fueled by solid contributions from its diversified residential development segments and improved operational efficiency.
The Company reported a Net Income After Tax (NIAT) of P2.10 billion, marking a strong 17% increase from P1.80 billion achieved in the same period in 2024. Consolidated revenues also saw double-digit growth, rising 14% to P12.31 billion from P10.79 billion a year ago.
The First-Home Residential Developments (PHirst) segment remains the largest revenue driver, generating P8.4 billion, or 68% of total consolidated revenues. The Premium Residential Developments segment contributed P2.8 billion (23%), while Commercial Leasing and Property Management accounted for P711 million (6%) and P400 million (3%), respectively.
“By balancing PHirst and Premium residential segments, we are able to sustain our growth in 9M 2025 as it diversifies our revenue streams and expands our footprint across the nation’s key growth corridors,” said Marco R. Antonio, President and CEO of CPG.
CPG continues to execute its strategy of nationwide expansion and portfolio enhancement:
- PHirst Goes Nationwide: In August 2025, the PHirst segment announced its strategic entry into Mindanao with a 24-hectare master-planned community. This project is estimated to have a sales value of P5.3 billion and will bring over 2,400 homes to the market. The company also plans to launch up to two more projects in Q4 of this year, officially establishing PHirst as a nationwide developer.
- Azure North Phase 2 Launched: The Premium residential segment recently launched Phase 2 of its highly successful Azure North project in Pampanga. Following the success of Phase 1 (three high-rise buildings and the wave pool), Phase 2 introduces:
- Mykonos, its first mid-rise residential development (over 300 units, 2027 completion).
- 49 luxury townvillas units (2027 completion).
- An exclusive water park amenity for clients and their guests.
CPG’s operational performance also strengthened, with EBITDA reaching P3.6 billion, a 6% increase from P3.4 billion in 9M 2024. This improvement was supported by a sustained gross profit margin of 46% across both PHirst and Premium segments, alongside reduced borrowing costs.
The company maintains a healthy and disciplined balance sheet. As of September 30, 2025, total assets expanded by P6.9 billion to P62.8 billion, resulting in a solid stockholders’ equity of P23.5 billion against total liabilities of P39.3 billion.
The financial ratios remain strong, with the Debt-to-EBITDA ratio improving to 3.7x and the Debt-to-Equity ratio retained at a conservative 0.8x.
“We are pleased that our financial ratios remain healthy, allowing for continued business expansion,” added Mr. Antonio. “As we look to the remainder of the year, we are optimistic that housing demand will remain resilient. Our commitment is to deliver value not only to our homeowners and customers but also to our shareholders and communities.”
