Cosco Capital (COSCO) Q1 2026 earnings summary

Executive summary

• Consolidated revenue for Q1 2026 reached P63.14 billion, up 11.33% year-over-year, driven by strong performance in grocery retail, liquor distribution, and real estate segments.

• Net income for the period was P4.47 billion, a 21.65% increase from Q1 2025, with net income attributable to parent equity holders rising 20.42% to P2.61 billion.

• Earnings per share (EPS) for Q1 2026 was P0.38, up from P0.32 in Q1 2025.

Financial highlights

• Gross profit increased to P13.28 billion from P11.70 billion year-over-year.

• Operating income rose 18.14% to P5.87 billion.

• EBITDA to interest expense improved to 8.20x from 7.45x year-over-year.

• Book value per share as of March 31, 2026 was P24.06.

Outlook and guidance

• Management expects continued strong liquidity and the ability to fund expansion and strategic investments from internal cash flows and untapped credit facilities.

• No material events or uncertainties are expected to impact future operations or liquidity.