Cosco Capital, Inc., the retail holding firm led by businessman Lucio L. Co, posted a 3.4% increase in consolidated net income for 2025, reaching Php 15.96 billion compared to Php 15.4 billion in the previous year.
Driven by robust consumer demand and strategic segment growth, the Group’s consolidated revenues climbed 10.6% to Php 262 billion, up from Php 237 billion in 2024.
In a move reflecting strong cash flow and confidence in the Group’s trajectory, the Board of Directors approved a dual dividend payout totaling approximately Php 2.8 billion, representing a 5.77% dividend yield:
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Regular Dividend: A 20% payout of Php 0.265 per share (totaling Php 1.86 billion), payable to shareholders of record as of April 17, 2026.
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Special Dividend: A 10% payout of Php 0.133 per share (totaling Php 931 million), payable to shareholders of record as of August 20, 2026.
These payouts will be sourced from the company’s unrestricted retained earnings as of December 31, 2025.
The Group’s diversified portfolio showed resilience and growth across all major verticals:
Grocery Retailing (Puregold and S&R)
Contributing 68% of total net income, this segment remains the Group’s primary engine.
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Revenue: Grew 10.6% to Php 242.45 billion.
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Net Income: Increased 8.8% to Php 11.3 billion.
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Same-Store Sales Growth (SSSG): Puregold saw a +4.1% increase driven by larger basket sizes, while S&R Warehouse clubs jumped +6.1% due to higher foot traffic.
Liquor Distribution (The Keepers Holdings Inc.)
Accounting for 23.5% of net income, the segment recorded revenues of Php 20.2 billion (up 9%).
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Growth was spearheaded by Alfonso Brandy, which has surpassed pre-pandemic levels.
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Net income reached Php 3.56 billion, supported by an 8% increase in case volume and a rebounding “on-premise” (bars/restaurants) channel.
Commercial Real Estate
Rental revenue rose 2.4% to Php 2.13 billion as tenant operations normalized and full contract rates resumed. Net income for the segment grew 6% to Php 1.14 billion.
Energy, Minerals, and Specialty Retail
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Energy & Minerals: Revenue increased 6.9% to Php 526 million; Net income grew 5% to Php 186 million.
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Specialty Retail (Office Warehouse): Revenue reached Php 2.11 billion, with net income rising 6.2% to Php 69 million.
The Group continues to benefit from a sustained economic recovery despite macroeconomic headwinds,” the company stated. “Stronger revenue growth across all segments indicates a healthy recovery in consumer demand, which we are well-positioned to serve through our diversified retail and distribution platforms.”
