REAL estate developer Century Properties Group Inc. (CPG) on Thursday reported earning P410 million for the first quarter (Q1), up 35 percent from last year's P302 million amid modest topline improvement.
REAL estate developer Century Properties Group Inc. on Thursday reported earning P410 million for the first quarter , up 35 percent from last year's P302 million amid modest topline improvement.Revenues climbed 7 percent to P3.6 billion from P3.3 billion, propelled by the sustained contributions of PHirst, the company's first-home residential development platform.
1 billion in revenues, accounting for the lion's share of the topline at 58 percent.The in-city vertical development and commercial leasing businesses contributed P1.1 billion and P314 million, respectively, while the remainder came from the property management segment, which added P99 million.
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