First Pacific Company Limited to Present at dbVIC - Deutsch Bank American Depositary Receipt (ADR) Virtual Investor Conference on November 4, 2025

Strategic Insights -

First Pacific Company Limited, a Hong Kong-based investment holding company focused on domestic defensive businesses in Southeast Asia, announced that John W. Ryan, Associate Director, will present live at the dbVIC - Deutsch Bank American Depositary Receipt (ADR) Virtual Investor Conference hosted by VirtualInvestorConferences.com on November 4, 2025. The virtual conference aims to introduce global companies with ADR programs to investors. During the presentation, First Pacific will highlight its commitment to maximizing shareholder returns through its four key guidelines: sticking to consumer foods, telecommunications, infrastructure, and natural resources; investing in businesses with dominant market positions; holding majority stakes in companies to ensure control over cash flows; and focusing on the emerging economies of Southeast Asia.

Key Takeaways:

  • First Pacific is a Hong Kong-based investment holding company focused on domestic defensive businesses in Southeast Asia, providing access to the fastest-growing region with limited downside risk.
  • The company has a recurring price-to-earnings ratio of 3.6x at FY 2024 and a progressive dividend policy that promises growth, with a record high dividend per share for 2024 earnings and a new record high expected for 2025.
  • First Pacific has four key guidelines in its strategy to maximize shareholder returns: sticking to industries it knows, investing in businesses with dominant market positions, holding majority stakes, and focusing on Southeast Asia.
  • The company has six years of profit growth, with the last four recording successive record highs, and management is confident of continuing earnings growth in the medium term.
  • First Pacific's assets include the world's biggest maker of instant noodles (Indofood), the region's largest privately owned toll road operator (MPTC), and the biggest power company (Meralco), telecommunications (PLDT), and water (Maynilad) companies in the Philippines.
  • The company has low borrowings with an interest coverage ratio of 4x and has held investment-grade credit ratings from Moody's and S&P Global for three years.
  • Brokerage CLSA has an outperform rating on 142.HK with a price target of HK$8.00, while Citi rates First Pacific a Buy with a price target of HK$7.60.

Statistics:

  • First Pacific has a recurring price-to-earnings ratio of 3.6x at FY 2024.
  • The company has six years of profit growth, with the last four recording successive record highs.
  • First Pacific's interest coverage ratio is 4x, indicating low borrowings.
  • The company has held investment-grade credit ratings from Moody's and S&P Global for three years.
  • First Pacific's dividend per share for 2024 earnings was a record high, and a new record high is expected for 2025.

Sources:

  • First Pacific Company Limited (Hong Kong: 00142, ADR: FPAFY)
  • VirtualInvestorConferences.com
  • CLSA
  • Citi
  • Moody's
  • S&P Global
  • Indofood
  • MPTC
  • Meralco
  • PLDT
  • Maynilad
  • Philex Mining
  • Hong Kong Stock Exchange (HKSE)