CREC net income improves to P456M in H1

By Ed Paolo Salting

Aug 16, 2024 12:20 am

Citicore Renewables Energy Corp. (CREC) said Thursday its net income for the first half of 2024 stood at P456.40 million, a slight increase from P455.27 million last year.

'CREC attributes this robust performance to our portfolio of 10 operating solar power facilities with a combined gross operating capacity of 285 megawatts (MW),' CREC president and CEO Oliver Tan said.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Peso seen plunging to P63:$1

Trump govt readies reciprocal US tariffs

Bank lending hits 2-year high; M3 growth steady

Illicit goods worth P85.2B seized last year – Customs

14 bids accepted by DOE at green energy auction

Digital transformation is broken

Guidelines in imposing VAT on digital services