Century Properties Q1 EBITDA Hits P1.04 Billion, Up 5% Year-on-Year

Century Properties Q1 EBITDA Hits P1.04 Billion, Up 5% Year-on-Year

Century Properties Group reported a 5% increase in its first-quarter EBITDA to P1.04 billion, driven by strong sales and improved operational efficiency.

The Philippine developer said its revenue for the period also grew, supported by robust demand for its residential and commercial projects. The company attributed the growth to successful project launches and a favorable market environment.

“We are pleased with our first-quarter performance, which reflects our focus on delivering value to our customers and stakeholders,” a company spokesperson said. “We remain optimistic about the rest of the year as we continue to execute our growth strategy.”

Century Properties expects to maintain its growth trajectory amid stable economic conditions and sustained demand in the real estate sector.