SOON-TO-BE-DELISTED Metro Pacific Investments Corp. (MPIC) on Monday reported a consolidated core net income of P9.9 billion for the first half, up 33 percent from P7.5 billion a year earlier, on the back of strong results from its businesses.
"Improved financial and operating results at MPIC's holdings delivered a 27-percent increase in contribution from operations, mainly driven by the strong performance of the power generation business and higher water tariff for the water concession," the Pangilinan-led firm said in a statement.
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