MANILA, Philippines – Century Pacific Food Inc., a leading canned food manufacturer, reported an 11% increase in net income, reaching P7.1 billion in 2025. This growth was driven by robust sales in its branded product lines and stringent cost management strategies, which helped counterbalance margin pressures.
Consolidated revenues climbed 10% to P83.3 billion, primarily fueled by the company's core branded segment, which represented the majority of sales. Branded revenues saw a 13% expansion, supported by volume growth as the company maintained product affordability and relevance for consumers.
"We sustained investments in our brands while holding prices steady through 2025, which helped drive double-digit volume growth," said Chad Manapat, chief financial officer of Century Pacific.
Meanwhile, the company's original equipment manufacturing (OEM) exports, which involve producing goods for other brands, grew modestly by 2%. This segment faced challenges from global trade uncertainties and an unfavorable commodity cycle but rebounded in the fourth quarter with double-digit growth, offsetting earlier weaknesses.
Despite a 100-basis-point decline in gross margin to 25.1% due to normalizing input costs, profit growth was sustained. The company tightened operating expenses, leading to a slight improvement in net profit margin to 8.5%.
Century Pacific generated healthy cash flows, enabling P4.1 billion in capital expenditures for capacity expansion and renewable energy initiatives. The firm ended the year with a strong balance sheet, featuring a net gearing ratio of 0.13 times.
Looking forward, the company acknowledged potential headwinds from rising cost pressures and geopolitical disruptions but expressed confidence in the resilience of its pantry staple portfolio.
"We are putting a tight leash on spending, optimizing across the board, especially discretionary costs. We are doing what we can to streamline costs and keep our products as affordable as we can," Manapat added. "Ultimately, we remain agile as we navigate these short-term headwinds while staying focused and committed to the long term, all underpinned by our mission of providing affordable nutrition to Filipino families."