This month, Century Properties was chosen as one of the Most Promising Companies on Corporate Governance by Corporate Governance Asia 2013. Century accepted the said award at the 9th Corporate Governance Asia Annual Recognition Awards 2013 on June 25, for being one of the recognized companies in the region that are following the path of good corporate governance, adopting measures to raise corporate governance standards in the strong belief that best corporate practices are good for business.
This recognition follows the BCI Asia Award that Century received on May 26 as one of the Top 10 Developers in the Philippines for 2013.
The BCI Asia Top 10 Awards provides an overview of the regional building and construction industry by recognizing the top developers that had the greatest impact on the built environment in Southeast Asia. In the Philippines, Century Properties had contributed relevant and innovative property developments for 27 years.
“We are honored to receive these two recognitions by our peers in the industry. We at Century Properties have always believed that we continue to be blessed and humbled by these achievements because of consistent hard work and determination, and our passion to continuously push the envelope in Philippine real estate development,” said Jose. E. B. Antonio, the founder and Chairman of Century Properties.
He added: “Century has maintained its upward trajectory in terms of sales performance, a 27-year track record of project delivery, and innovative development concepts. And we shall continue to do so as we work towards our growth as an organization that adheres to the highest standards of business practices.”
Century announced financial results for the quarter ended March 31, 2013, with total revenues of P2.6 billion in the first quarter of 2013, representing a 5% increase over the first quarter 2012 revenues of P2.5 billion. Net income, on the other hand, amounted to P501 million in the first quarter of the year, up 10% from P454 million in the same period last year. Century is constructing four masterplanned developments within Metro Manila at a projected cost of approximately Php 34 billion.
With 27 years in the business of real estate development, marketing and property management, Century Properties is the developer behind such prestigious projects as The Gramercy Residences and the Knightsbridge Residences at Century City, Trump Tower at Century City, the Milano Residences interior design by Versace Home, Acqua Livingstone interior design by MissoniHome; Acqua Iguazu yoo inspired by Starck; Centuria Medical Makati in partnership with GE Healthcare; and the Residences at Commonwealth by Century.
Delivering differentiated, quality real estate has been Century Properties’ commitment in its almost three decades in the business of full-service real estate development, marketing and property management. The company is listed in the Philippine Stock Exchange under the ticker CPG.
source: gmanetwork.com
