Chips in 39% of group’s Php4.43bn 1H 2021 Revenues [August 2021] The Philippine real estate firm Century Properties Group’s [CPG:PM] horizontal affordable housing business unit, a joint venture with Mitsubishi Corporation, continues to defy uncertainties brought by the COVID-19 pandemic as it contributes Php1.75 billion or 39% of the group’s consolidated revenues of Php4.43 billion […]
[July 26, 2021] Despite a challenging 2020 for the real estate sector, the listed Philippine real estate firm Century Properties Group, Inc. [CPG:PM] stood firm and generated reasonable profits, maintained good liquidity levels and a healthy balance sheet, and is moving forward with its horizontal affordable housing expansion plans this year. Company President and Chief […]
The listed Philippine real estate firm Century Properties Group, Inc. [CPG:PM] has announced that it posted Php10.84 billion of consolidated revenues and Php1.15 billion of net income in 2020, down by 24.3 percent and 22.2 percent, respectively, but still buoyed by its horizontal affordable housing and office leasing businesses. CPG’s Chief Financial Officer Ponciano S. […]
[May 17, 2021] The listed Philippine real estate firm Century Properties Group posted Php205 million in net income for the first quarter of 2021, buoyed by the continued strong performance of its horizontal affordable housing business. The company posted consolidated revenues of Php2 billion, down by 26 percent from last year due to the impact […]
Company returns to retail bond market with final demand more than twice oversubscribed [March 1, 2021] The publicly-listed property developer Century Properties Group, Inc. (CPG:PM) has announced that it raised P3.0 billion in fresh funds from its latest bond offering, which was more than twice oversubscribed from the base offer. At the company’s virtual listing […]
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