CENTURY PACIFIC Food, Inc. (CNPF) reported an 11% increase in net income for 2025 to P7.1 billion, as tighter spending offset pressure on gross margins.
The listed food company posted a ten% rise in consolidated revenues to P83.3 billion, driven by its branded segment, which compensated for the soft performance of its export business, it said in an announcement on Monday.
The branded segment — comprising marine, meat, milk, and other segments — recorded a 13% volume-led sales growth, driven by its offerings, which reach nine out of 10 households within the Philippines, the corporate said.
“In our effort to balance short- and long-term growth, we made strategic decisions back in 2024 to take a position in our brands while holding prices even as much as 2025,” said Chad Manapat, CNPF chief financial officer.
“Ultimately, this meant providing consumers with more accessible and nutritious food options, resulting in double-digit volume growth in 2025.”
Meanwhile, the group’s original equipment manufacturing (OEM) white label tuna and coconut exports posted a muted 2% growth.
The segment faced headwinds from global trade uncertainty and an unfavorable commodity cycle, though a double-digit recovery within the fourth quarter of 2025 helped offset earlier declines.
Margins remained under pressure as input costs normalized from a good 2024 cycle, pulling gross margin down by 100 basis points to 25.1%.
Nevertheless, by deliberately tightening operating expenses, the corporate lifted its net profit margin by 10 basis points to eight.5%.
Healthy money flows funded P4.1 billion in capital expenditures through the 12 months, allocated to capability expansion and renewable energy initiatives, including solar and biomass capabilities.
The balance sheet remained strong, with a net gearing ratio of 0.13x.
Looking ahead, Mr. Manapat said 2026 is “shaping as much as be a troublesome 12 months.”
While the corporate is currently on target for the primary quarter, it’s navigating disruptions from the Middle East and a better bar for the subsequent few months.
The corporate plans to depend on its portfolio of “pantry essentials,” which have historically shown resilience during economic uncertainty.
To administer rising cost pressures, CNPF is maintaining a “tight leash on spending” and optimizing discretionary costs to maintain products reasonably priced.
“Growth, for us, isn’t only a financial metric. It means keeping accessible and nutritious food on the table for more Filipino families,” Mr. Manapat said, noting that the corporate’s operations support 33,166 jobs.
CNPF’s brands include Century Tuna, Argentina, 555, Ligo, and Birch Tree. The corporate can also be one in all the leading providers of personal label tuna and coconut products for export.
CNPF shares fell by 0.62% to P32 apiece on Monday. — Alexandria Grace C. Magno