MPIC Delivers Double-Digit Core Profit Growth, Bolstering First Pacific’s Infrastructure Portfolio

First Pacific Co ( (HK:0142) ) has provided an announcement.

Metro Pacific Investments Corporation, the Philippine infrastructure arm of Hong Kong-listed First Pacific, spans power distribution and generation, water services, toll roads, and hospitals, making it a critical provider of essential services. First Pacific holds an economic interest of roughly 49.9% in MPIC, aligning its financial performance closely with the Philippine utility and infrastructure sectors.

In its latest audited results for 2025, MPIC reported a 15% rise in consolidated core net income to ₱27.1 billion, driven by stronger operations in power, water, and healthcare and a 13% increase in contributions from operations to ₱32.1 billion. Power remained the primary earnings engine, contributing 69% of net operating income, while water and toll roads collectively delivered 42%, and although reported net income grew more modestly at 5% due to a prior-year one-off gain, the figures underscore robust underlying growth that is likely to support First Pacific’s consolidated earnings and highlight the resilience of Philippine infrastructure demand.

The most recent analyst rating on (HK:0142) stock is a Hold with a HK$6.50 price target. To see the full list of analyst forecasts on First Pacific Co stock, see the HK:0142 Stock Forecast page.

More about First Pacific Co

First Pacific Company Limited is a Hong Kong-listed investment management and holding company incorporated in Bermuda, with a significant economic interest of about 49.9% in Metro Pacific Investments Corporation. MPIC is a Philippine-based infrastructure conglomerate with core businesses in power, water, toll roads, and healthcare, anchored by key assets such as Manila Electric Company, Maynilad Water Services, and the Metro Pacific Hospitals network.

MPIC operates as a major player in essential utilities and infrastructure in the Philippines, deriving the largest share of its net operating income from the power segment, complemented by substantial contributions from water distribution and toll road operations. Through these platforms, it serves broad consumer and industrial markets, positioning itself at the center of the country’s energy, transport, and healthcare demand.

Average Trading Volume: 4,285,666

Technical Sentiment Signal: Buy

Current Market Cap: HK$25.54B

For a thorough assessment of 0142 stock, go to TipRanks’ Stock Analysis page.