REDC earnings rise 33 percent

By Ed Paolo Salting

May 16, 2024 12:24 am

REPOWER Energy Development Corp. (REDC), a subsidiary of Pure Energy Holdings Corp., said Wednesday that net income for the first quarter had hit P70.14 million, up by 33 percent from P52.83 million a year earlier.

Revenues grew to P170.51 million, 41 percent up from the year-earlier P120.96 million.

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