Century Pacific Food, Inc. (PSE: CNPF), one of the biggest food companies in the Philippines, recently shared its official financial report for the year 2025. According to the company’s filing with the Securities and Exchange Commission on April 13, 2026, CNPF managed to grow its business even when times were tough economically.

What Does Century Pacific Food Do?

Century Pacific Food is the company behind popular food brands that Filipino families use every day. Think of products like canned tuna, corned beef, and milk. In fact, their products are found in 9 out of 10 Filipino homes! The company has 3.5 billion shares of stock available to investors and employs 33,166 people.

Breaking Down the Numbers: Sales Went Up by 10%

In 2025, CNPF earned Php83.3 billion in total sales, which is 10% more than what they made in 2024. To put it simply, imagine if you sold 100 pieces of candy last year – this year you sold 110 pieces. That’s the kind of growth CNPF achieved.

The company makes money from two main types of business:

1. Branded Segment (Their Own Brand Products) – The Star Performer

This is where CNPF sells products under their own brand names – things you see in grocery stores with their labels. This part of the business did really well, growing by 13% compared to last year. More people bought their products because they were affordable, easy to prepare, and nutritious. This segment makes up most of CNPF’s sales and includes marine products (like tuna), meat products (like corned beef), milk, and other food items.

2. OEM Exports (Making Products for Other Companies) – Had a Tougher Year

CNPF also makes tuna and coconut products for other companies who sell them under different brand names (this is called “white label” manufacturing). This part of the business only grew by 2% in 2025. The company faced challenges because of uncertainty in global trade and because the prices of raw materials weren’t favorable. However, things got better in the last three months of 2025 (4Q25), when this segment bounced back with double-digit growth.

Profits Also Improved by 11%

CNPF made Php7.1 billion in net income (profit) in 2025, which is 11% more than 2024. This is like earning 111 pesos this year compared to 100 pesos last year.

However, making profit wasn’t easy. The company faced what’s called “gross margin pressure” – basically, it cost them more to make their products compared to 2024 when raw material prices were lower. Their gross margin dropped slightly to 25.1%.

To protect their profits despite higher costs, CNPF was very careful about spending money on operations. By tightening their operating expenses, they managed to improve their net profit margin to 8.5%, which was actually a bit better than the previous year.

How CNPF Used Their Money

According to Chief Financial Officer Chad Manapat, the company had healthy cash flows during the year. They invested Php4.1 billion in capital expenditures – money spent on improving their business. This included:

• Expanding their production capacity (so they can make more products)
• Investing in renewable energy like solar panels and biomass capabilities (cleaner ways to power their factories)

The company’s balance sheet remained strong with a net gearing ratio of 0.13x, which means they have very little debt compared to their equity – a sign of financial health.

Why Did CNPF Keep Prices Low Despite Higher Costs?

Manapat explained that back in 2024, the company made a strategic decision to invest in their brands and keep prices stable even into 2025. This meant that even though their costs went up, they didn’t raise prices for consumers. The goal was to keep food affordable and accessible for Filipino families, which is why they saw strong volume growth – more people bought more of their products.

Looking Ahead to 2026

According to the filing, Manapat indicated that 2026 is expected to be challenging. The company is dealing with disruptions from the Middle East that are affecting their operations, and cost pressures are rising. However, CNPF’s first quarter of 2026 is on track, supported by their portfolio of pantry essentials that families need regardless of economic conditions.

The company’s priorities remain focused on ensuring continuous supply, keeping operations running, and maintaining affordable prices for Filipino consumers. They plan to maintain tight cost discipline and optimize spending, especially on discretionary costs, while staying committed to their mission of providing affordable nutrition to Filipino families.

This article is based on Century Pacific Food, Inc.’s SEC Form 17-C filing dated April 13, 2026.

This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.