Century Properties Q1 net profit up 21%

MANILA -The Antonio family's Century Properties Group (CPG) saw first quarter 2023 profits jump 21 percent to P302 million amid the growth of its affordable housing segment. The builder said revenues also climbed 28 percent to P3.3 billion from January to March. "The sustained good performance of our first-home market business segment reflects well the strong market appetite for quality, strategically located, and affordable homes, which serves not only every Filipino's aspiration but also helps address the big housing backlog that our government is also prioritizing," CPG executive chair Jose E. B. Antonio said in a statement. The developer said its first-home developments cont...Keep on reading: Century Properties Q1 net profit up 21%

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