Anscor's 2022 income boosted by asset sale

By Ed Paolo Salting

Mar 10, 2023 12:11 am

HOLDING firm A. Soriano Corp. (Anscor) posted a net income of P2.80 billion in 2022, up from 2021's P2.5 billion, following an asset sale.

The result was 'primarily... a result of Anscor International's sale of AGP International Holdings Pte. Ltd. for a consideration of $38.50 million, which generated a gain of P2.2 billion,' the firm said in a report.

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