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ACEN FY23 profit: P7.4-B (down 43%)

ACEN, the Zobel Family’s renewable energy holding company, posted an FY23 net income of P7.4 billion, which was 43% lower than the P8.6 billion it made in FY22......»»

Category: financeSource:  philstarRelated NewsMar 14th, 2024

DMCI posts FY23 net income of P24.7-B (down 21%)

DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)

Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Semirara FY23 net income down 30% to P27.9-B

Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q

Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

DOF drops income tax hike for dividend income

The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion

Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»

Category: newsSource:  metrocebuRelated NewsMar 7th, 2024

PLDT taps ACEN for renewable shift

Telco leader PLDT Inc. is doubling down on efforts to mitigate its carbon emissions, tapping the help of ACEN Corp. in switching dozens of facilities to renewable energy......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

ACEN gets higher rating for climate change report

Ayala-owned ACEN Corp. has secured a “B” rating from environmental non-profit disclosure system CDP for its climate change disclosure, moving two levels up from last year’s rating......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

ACEN inks power purchase deal with Australian firm

A subsidiary of Ayala-led ACEN Corp. and SmartestEnergy Australia have signed an eight-year power purchase agreement to offtake renewable electricity generated from its solar project......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

ACEN, BrightNight to develop 1 GW of renewables in Philippines

ACEN, BrightNight to develop 1 GW of renewables in Philippines.....»»

Category: newsSource:  sunstarRelated NewsMar 11th, 2024

ACEN, BrightNight partner anew for renewable energy

ACEN, the Ayala Group’s listed energy company, has partnered with US-based BrightNight for the development, construction and operation of an initial one gigawatt renewable energy portfolio in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

ACEN, Marubeni partner for 200-MW BESS project

Ayala-owned ACEN Australia has teamed up with Marubeni Asian Power Singapore for the joint development of a 200 megawatts battery energy storage system in New South Wales, Australia......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

ACEN secures certification for WESM trading standards

ACEN, the Ayala Group’s listed energy platform, has received full compliance certification from Australian advisory firm Intelligent Energy System –  the first  among Philippine firms – for its adherence to the standards of the Wholesale Electricity Spot Market......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

BPI strengthens partnership with ACEN to promote renewable energy

BPI strengthens partnership with ACEN to promote renewable energy.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

ACEN gets support from Australian indigenous group

Ayala-led power unit ACEN Corp. has joined forces with Australia’s First Nations Yindjibarndi people to develop renewable energy projects on Yindjibarndi Ngurra, located approximately 13,000 square kilometers within Yindjibarndi’s exclusive native title land in Western Australia......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

ACEN expands presence in US

ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt wind project......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

ACEN expands US presence

ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt wind project......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Metro Retail Earns PHP618 Million in 2023; Continues Initiatives for Growth

For the full year 2023, Metro Retail Stores Group, Inc. (MRSGI) reported an aggregate net income of PhP618.0 million vs PhP917.3 million in 2022, a slippage of 32.6%. In terms of core net income which excludes one-time gains such as accounting adjustment on leases and insurance claims in 2022, the Company’s earnings were down only […].....»»

Category: newsSource:  metrocebuRelated NewsApr 25th, 2024

EastWest Bank posts P6.1 billion in net income in 2023

EastWest Bank posts P6.1 billion in net income in 2023.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024