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First Pacific Co Ltd (HK:0142)
:0142
Hong Kong Market

First Pacific Co (0142) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Aug 27, 2026
TBA (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
Last Year’s EPS
0.69
Same Quarter Last Year
Based on 0 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Mar 30, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial performance for FY2025: record recurring and net profits, record revenues at several major subsidiaries, improved interest coverage, and strong shareholder distributions. There are, however, notable near-term risks and constraints — chiefly PLP earnings pressure due to lower power prices, potential LNG/gas supply disruption from the Middle East, one-off impairments at FP Natural Resources, and refinancing uncertainty for a 2027 bond. Management communicated cautious optimism and prudent liquidity and refinancing planning. Overall, the positives (record results, dividend upgrades, improved coverage metrics, and strategic project progress) outweigh the described lowlights, though geopolitical and refinancing risks warrant monitoring.
Company Guidance
Management's guidance was cautiously optimistic: FY2025 momentum underpins a constructive 2026 outlook with group turnover +2% to just over $10bn, recurring profit +10% to $740m (from $673m) and net profit +10% to $661m, enabling a final dividend of HKD0.14 and a record full‑year distribution of HKD0.27 per share (regular DPS +6% y/y and ~+10% including a ~HKD0.15 Maynilad special); head office dividend income was HKD311m and management says it returns >70% of free cash while retaining funds to co‑fund PLP’s gas project. Balance‑sheet guidance: no material maturities until a $350m bond due Sep‑2027 (a $200m 2026 facility was pushed to 2031), average debt maturity ~3.2 years, interest cost ≈4.6%, ~54% fixed‑rate coverage and interest coverage of 4.5x (up from 4.0x). Operationally, Indofood (core profit +1%) and MPIC (core profit +15%, valuation ≈$1.3bn) are expected to drive growth, PLDT maintains a 52% EBITDA margin with Maya (38% owned) now profitable, PLP has 9.6% market share and negligible net debt (<SGD40m) with a new plant targeting commercial operations in 2029, Maynilad tariff adjustment ~4% in 2026, and management will monitor Middle East fuel risks, pursue refinancing options for the 2027 bond (preferring a bond tenor if market allows) and keep capital‑market opportunities under review.
Record and Rising Profits
Recurring profit increased 10% year-on-year to $740 million (from $673 million in 2024). Net profit rose 10% to a record $661 million. The company notes a multi-year trend of rising profits, more than doubling recurring profit since 2018 (from ~ $290 million to $740 million).
Revenue and Turnover Growth
Group turnover rose 2% to just over $10 billion in 2025, driven by higher revenues at Indofood and MPIC. Several major investments reported record-high revenues (Indofood, PLDT) and MPIC delivered its highest-ever earnings.
Strong Operational Contributors
Metro Pacific (MPIC) core profit up 15% with large contribution from Meralco’s generation and new LNG terminal/Project Chromite; PLDT achieved record service revenue and record EBITDA with a strong EBITDA margin of 52%.
Maya Fintech Profitability
Maya (38% owned fintech by PLDT) moved into profit for the first time in 2025, contributing to PLDT’s results and diversifying earnings sources.
Shareholder Distributions at Highest Level
Directors approved a final distribution of HKD 0.14 per share bringing full year regular distribution to HKD 0.27 per share, the highest-ever per-share distribution. Aggregate distribution growth including a special Maynilad distribution is ~10% year-on-year (regular DPS growth ~6%).
Solid Balance Sheet and Liquidity Metrics
Head office dividend income ~HKD 311 million in 2025. Interest coverage ratio improved to 4.5x (from 4.0x in 2024). Average interest cost ~4.6% and average debt maturity ~3.2 years with no borrowings due until a $350 million bond maturing Sept 2027.
Strategic Project Progress and Asset Development
PLP equity injection to finance a new gas-fired plant; Philex’s Silangan project accelerating toward commercial operations with higher grades than Padcal; increased valuation of PLP to $398 million after investment.
Capital markets and Investor Access
Maynilad IPO generated special distribution and broadened liquidity; new mainland China brokerage coverage ramping up, improving investor reach and trading liquidity.

First Pacific Co (HK:0142) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

HK:0142 Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 27, 2026
2026 (Q2)
- / -
0.689
Mar 30, 2026
2025 (Q4)
- / 0.70
4.628-84.94% (-3.93)
Aug 28, 2025
2025 (Q2)
- / 0.69
0.62610.00% (+0.06)
Mar 28, 2025
2024 (Q4)
- / 0.59
0.287105.92% (+0.30)
Aug 23, 2024
2024 (Q2)
- / 0.63
0.634-1.23% (>-0.01)
Mar 27, 2024
2023 (Q4)
- / 0.29
0.058394.83% (+0.23)
Aug 25, 2023
2023 (Q2)
- / 0.63
0.44642.11% (+0.19)
Mar 30, 2023
2022 (Q4)
- / 0.45
0.509-10.77% (-0.05)
Aug 31, 2022
2022 (Q2)
- / 0.45
0.26667.65% (+0.18)
Mar 31, 2022
2021 (Q4)
- / 0.51
1.41-63.89% (-0.90)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

HK:0142 Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 30, 2026
HK$5.62HK$5.56-1.07%
Aug 28, 2025
HK$6.26HK$6.37+1.72%
Mar 28, 2025
HK$4.78HK$4.92+2.99%
Aug 23, 2024
HK$3.70HK$3.67-0.76%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does First Pacific Co Ltd (HK:0142) report earnings?
First Pacific Co Ltd (HK:0142) is schdueled to report earning on Aug 27, 2026, TBA (Confirmed).
    What is First Pacific Co Ltd (HK:0142) earnings time?
    First Pacific Co Ltd (HK:0142) earnings time is at Aug 27, 2026, TBA (Confirmed).
      Where can I see when companies are reporting earnings?
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          What is the P/E ratio of First Pacific Co Ltd stock?
          The P/E ratio of First Pacific Co is N/A.
            What is HK:0142 EPS forecast?
            Currently, no data Available