Century Properties Group Inc. (CPG), a real estate company listed on the Philippine Stock Exchange, shared its financial results for the first three months of 2026. According to their official report filed with the Securities and Exchange Commission on May 19, 2026, the company showed improvements in some areas while facing challenges in others.

What Did Century Properties Earn?

Think of EBITDA as a way to measure how much money a company makes from its main business before paying for things like loans and taxes. Century Properties’ EBITDA grew by 5%, reaching Php1.04 billion compared to Php988 million during the same time last year (January to March 2025).

This improvement happened because the company got better at controlling its costs and running its operations more efficiently. The company’s gross profit margin—which shows how much money they keep from sales after paying for basic costs—improved to 48% from 46% the previous year.

What About Net Income?

Net income is the actual profit a company takes home after paying all expenses, including interest on loans and taxes. Century Properties earned Php446 million in net income during the first quarter of 2026. This was slightly lower—down 6%—compared to the Php473 million they made in the same period in 2025.

The company explained that even though their main business performed better, they had to pay more in interest expenses and taxes, which reduced their final profit.

Where Did the Money Come From?

Century Properties made a total of Php3.58 billion in revenues during the first three months of 2026, which was a bit lower than the Php3.72 billion they earned in the same period last year.

The company’s money comes from different types of real estate businesses:

• PHirst (First-Home Residential Developments): This is their biggest earner, bringing in Php2.48 billion, which represents 68% of all their revenues. PHirst focuses on affordable housing for families buying their first homes.
• Premium Residential Developments: This segment earned Php682 million, or 19% of total revenues. These are higher-end residential properties for buyers with bigger budgets.
• Commercial Leasing: This brought in Php297 million (8%). This includes renting out office spaces and commercial buildings to businesses.
• Property Management: This earned Php151 million (4%). This involves managing and maintaining properties for building owners and residents.

The Company’s Financial Position

As of the end of March 2026, Century Properties Group had total assets worth Php63.63 billion. These are all the things the company owns, like land, buildings, and cash.

The company’s total liabilities—money they owe to others—stood at Php39.14 billion. After subtracting what they owe from what they own, the stockholders’ equity (the value that belongs to the company’s shareholders) was Php24.49 billion.

The company’s net debt-to-equity ratio remained stable at 0.9x. This ratio helps measure how much borrowed money a company uses compared to the money invested by shareholders. A stable ratio means the company is maintaining careful control over its borrowing.

What the Company’s Leader Said

Marco R. Antonio, President and CEO of Century Properties Group, explained that their first-quarter results show the company’s core businesses remain strong despite challenges in the market. He emphasized that the company is focused on protecting their profit margins, managing costs carefully, and timing new projects based on actual market demand.

Antonio also noted that while the company is aware of short-term challenges, they remain optimistic about the long-term outlook. He stated that demand for quality housing continues to be strong because people need homes, and the company is ready to take advantage of opportunities when market conditions improve.

About Century Properties Group

Century Properties Group Inc. trades on the Philippine Stock Exchange under the stock symbol CPG. According to the SEC filing, the company has 11,599,600,690 common shares outstanding, 100,123,000 treasury shares, and 20,000,000 preferred shares. The company is based in Makati City and operates various real estate developments across different market segments in the Philippines.

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.