14 November 2025 – Century Properties Group Inc. (CPG) continued its strong financial performance in the first nine months of 2025 (9M 2025), posting a net income after tax (NIAT) of P2.10 billion, a 17% increase from P1.80 billion in the same period in 2024. Consolidated revenues rose by 14% to P12.31 billion, compared to P10.79 billion in 9M 2024.
The First-Home Residential Developments (PHirst) segment continues to be CPG’s largest revenue contributor, generating P8.4 billion or 68% of total revenues. Premium Residential Developments accounted for P2.8 billion (23%), while Commercial Leasing and Property Management contributed 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. Recently, CPG’s premium residential segment launched Phase 2 of its successful Azure North project in Pampanga. Phase 1 has been a success, consisting of 3 high rise buildings and the acclaimed wave pool.
Its third building, Barbados, is being completed this Q4 2025 with over 800 units. Its Phase 2 consists of (a) its first mid-rise residential development called Mykonos with over 300 units for 2027 completion, (b) 49 luxury townvillas units for 2027 completion, and (c) a water park for the exclusive use of its clients
and their guests. Strategically located amid Central and North Luzon’s infrastructure boom, Azure North offers easy access to Metro Manila and key provincial hubs.
In August 2025, PHirst also announced its entry into Mindanao with a 24-hectare master-planned community, estimated to have a sales value of P5.3 billion, which will bring over 2,400 homes. The company also plans to launch up to two more projects in Q4 of this year. With this foray into Mindanao,
Phirst is now a nationwide developer. CPG’s operational efficiency further improved in 9M 2025, EBITDA reaching P3.6 billion, a 6% increase from P3.4 billion in the same period last year. This was supported by a gross profit margin of 46, sustained contributions from both the PHirst and Premium segments, and reduced borrowing costs.
As of September 30, 2025, total assets expanded by P6.9 billion to P62.8 billion, while total liabilities stood at P39.3 billion, resulting in stockholders’ equity of P23.5 billion. The company’s Debt-to-EBITDA ratio improved to 3.7x, reflecting stronger profitability. Its Debt-to-Equity ratio was also retained at 0.8x, underscoring a healthier balance sheet and disciplined financial management.
“We are pleased that our financial ratios remain healthy, allowing for continued business expansion,” said Mr. Antonio. “As we look to the remainder of the year, we are optimistic that housing demand will remain resilient,” Antonio added, stressing “our commitment is to deliver value not only to our homeowners and customers but also to our shareholders and communities.”
