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LPMPC Financial Update: Net Surplus for the Last 5 Years

LPMPC
LPMPC
Cooperative Administrator

Laguna Prime Multipurpose Cooperative (LPMPC) is committed to keeping its members informed and updated on the cooperative’s financial performance. We are pleased to share the net surplus figures for the past five (5) years as presented in our Annual Financial Statement during the Regular General Assembly Meeting.

Net Surplus Performance (2020–2024):

  • 2020 – ₱25,379,259.00

  • 2021 – ₱23,814,501.00 (-6.17%)

  • 2022 – ₱20,136,071.00 (-15.45%)

  • 2023 – ₱23,119,013.00 (+14.81%)

  • 2024 – ₱23,804,988.10 (+2.97%)

While the cooperative experienced a decline in net surplus between 2020 to 2022, largely due to the effects of the COVID-19 pandemic, a strong recovery has been observed from 2022 to 2024. These results affirm that LPMPC remains financially sound and stable despite external challenges.

We encourage all members to remain engaged, supportive, and informed as we continue to strengthen our cooperative. Together, we are building not only financial growth but also resilience and sustainability for the years ahead.

Thank you for your continued trust and support.

 

Reference: Annual Financial Statement presented to the Annual Regular General Assembly Meeting

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