The earnings of Aboitiz Equity Ventures Inc. (AEV) surged by 276 percent year-on-year to P7.6 billion in the first quarter from P2 billion in the same period last year as most of its business units recorded growth.

In a regulatory filing, the diversified conglomerate said its power segment accounted for 58 percent of total income contributions during the period.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details