November 14, 2025
News

CREIT delivers steady Q3 performance with PHP 1.4B revenues, dividend payout

  • November 14, 2025
  • 0
CREIT delivers steady Q3 performance with PHP 1.4B revenues, dividend payout

Citicore Energy REIT Corp. (CREIT) reported PHP 1.4 billion in revenues as of the third quarter of 2025, maintaining steady performance supported by its guaranteed base lease structure. The company also declared PHP 0.049 per share in cash dividends for the period, equivalent to a 5.71% annualized yield based on its September 30 closing price.

President and CEO Oliver Tan said the latest dividend level showcases CREIT’s strong fundamentals despite market volatility. “Our dividends at Php 0.049 per share show CREIT’s continued stability and resilience amidst fluctuating market conditions thanks to its guaranteed base lease component in revenues,” he said.

CREIT reported PHP 1.3 billion in EBITDA and PHP 1.0 billion in net income, which are both consistent with last year’s performance. Tan said the company remains ready to support investors seeking reliable income and long-term value. “Investors looking for passive income generation will find CREIT as an attractive investment option, and long-term investors looking for capital appreciation can also gravitate towards CREIT as we have a strategic growth roadmap for a value-accretive assets acquisition to further solidify our green real estate portfolio,” he added.

CREIT’s sponsor, Citicore Renewable Energy Corporation (CREC), continues to expand its solar portfolio. It recently energized the 42 MWp Citicore Solar Pampanga 1 and the 197 MWp Citicore Solar Batangas 1, the latter of which is equipped with a 320 MWh battery energy storage system, thus making it the first solar plant in the country capable of dispatching baseload power.

CREC is developing additional projects in Batangas, Pangasinan, Quezon, and Negros Occidental and is on track to complete its first gigawatt of capacity by end-2025. The company expects this pipeline to support future growth and potential asset infusions.

Do you think CREIT’s stable dividend performance strengthens its position as a preferred REIT for renewable-energy investors?

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