Century Properties gets spot in FTSE Microcap Index Series

MANILA, Philippines — The Antonio family’s Century Properties Group Inc. (CPG) has secured a spot in the Financial Times Stock Exchange (FTSE) Global Equity Index Series - Microcap Index.

CPG was added to the FTSE Microcap Index starting yesterday, affirming the company’s growth prospects, increased market capitalization, enhanced liquidity and higher free float.

“We are honored by this inclusion, which represents a key milestone in our growth trajectory,” CPG president and CEO Marco Antonio said.

CPG has recorded a strong financial performance over a period of three years, with its net income increasing to P1.86 billion in 2023 and further to P2.44 billion in 2024 from P1.41 billion in 2022.

The company’s free float has also improved from 27.4 percent to 34.21 percent after the Social Security System bought a 6.4 percent stake last July.

Shares of CPG at the end of the trading week on Sept. 19 closed at P0.69 apiece, surging by 68 percent year-to-date and by 89 percent compared to its level in the previous year.

The FTSE Microcap Index is part of the globally recognized FTSE Global Equity Index Series, which serves as a benchmark for institutional investors and fund managers worldwide.

Inclusion in the index enhances the company’s visibility in global capital markets and may potentially increase liquidity and broaden its shareholder base.

“This recognition underscores the strength of our business model and our commitment to delivering long-term value to our stakeholders – from homebuyers and communities to our shareholders,” Antonio said.

CPG continues to focus on delivering value to its shareholders through sustained business growth, prudent financial management and innovation in real estate development.

The company drives sustainable growth by balancing its affordable housing and premium residential segments through its twin engine strategy, which is expected to result to at least a 15- to 20-percent growth over a three- to five-year period.

CPG has budgeted up to P12 billion for 2025, consisting of P10 billion for its first-home segment PHirst Park Homes and P2 billion for Century’s premium line.