Aboitiz Equity Ventures reports P14.3-B income

Aboitiz Equity Ventures (AEV) posted a consolidated net income of P14.3 billion in the first nine months, down 14 percent from last year's P16.6 billion.

Erramon Aboitiz, AEV president and chief executive officer, said the drop in the company's net income does not affect the fundamental value of their businesses.