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CPG Profit Soars 31%

The Philippine Star

|

March 28, 2025

Earnings of Century Properties Group Inc. (CPG) surged in 2024 on the back of a strong first-home market and continued momentum in the company's premium residential business segment.

- — Richmond Mercurio

The Antonio family's listed property developer reported a 31-percent jump in net income to P2.44 billion in 2024 from P1.86 billion in 2023.

Its top line rose by 15 percent to P14.64 billion, with revenues from the first-home segment reaching P9.9 billion.

CPG's higher-end offerings contributed P3 billion, while its leasing and property management arms added P1.31 billion and P464 million, respectively.

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