Alternergy earns P158M

By Ed Paolo Salting

May 14, 2024 12:21 am

ALTERNERGY Holdings Corp. reported on Monday that nine-month net income ending March 31, 2024, stood at P158.17 million, rebounding from a P8.61-million loss a year earlier.

The growth was said to be anchored on developments from a Palau solar farm and battery project, which included an increase in electricity sales and project cost recoveries, lower finance costs and higher interest income.

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