Revenues rose 14 percent to P12.7 billion, largely driven by its affordable First-Home residential development business, contributing 58 percent of total revenues.
CPG's earnings before interest, taxes, depreciation, and amortization also saw a significant increase, up 36 percent to P3.37 billion, with improved profit margins primarily from its PHirst segment.
Miguel R. Camus has been a reporter covering various domestic business topics since 2009.
