Century Properties Group Inc. (CPG) on Monday reported a 14-percent rise in net income to P1.22 billion in the first half of 2025 from a year ago, on the back of strong residential sales.
Consolidated revenues for the period increased 7 percent to P7.64 billion from P7.16 billion a year earlier.
The company’s first-home residential developments (PHirst) segment was the main driver of growth, contributing P5.23 billion, or 68 percent of total revenues.
The premium residential developments segment accounted for 21 percent of revenues with P1.61 billion, while commercial leasing and property management contributed 7 percent and 3 percent, respectively.
“Our strong performance reflects the continued trust of our customers and the resilience of our diversified portfolio,” CPG president and chief executive Marco Antonio said.
“As we move forward, we remain focused on expanding strategically into high-potential markets through both our affordable and premium residential offerings,” he said.
CPG’s total assets grew to P58.19 billion as of June 30, 2025, from P55.87 billion at the end of 2024. Total liabilities stood at P35.55 billion, with stockholders’ equity at P22.64 billion.
The company’s debt-to-EBITDA ratio improved to 3.9x from 4.1x, while its debt-to-equity ratio improved to 0.7x from 0.8x.
CPG is planning to launch two new premium residential projects in Pampanga and Cavite in 2026. The company’s affordable housing brand, PHirst, is on track to launch six to eight new projects in 2025, including its first development in the Mindanao region.
CPG budgeted P12 billion for 2025 capital expenditure, with up to P10 billion allocated for PHirst and up to P2 billion for its premium line.
 reports a 14% increase in net income to P1.22 billion for the first half of 2025, driven by strong residential sales.){kind=link}