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Century Pacific first-half income rises 6%
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BusinessWorld Online
CENTURY PACIFIC Food, Inc. (CNPF) said net income after tax rose 6% to P4.1 billion in the first half of 2026, while consolidated revenue increased 15% to P45.8 billion.
Excluding one-off provisions related to earthquake damage that are subject to insurance claims, core net income increased 10%, while core operating income rose 18%.
Fuel prices soared, squeezing our consumers while adding pressure to our operating costs.
Operating income rose 15%, in line with revenue growth.
CNPF said it is maintaining its P8-billion capital expenditure program for 2026 amid weaker consumer confidence, higher operating costs, and geopolitical uncertainties.