Alsons 9-month net grows to P1.9 billion

By Ed Paolo Salting

Nov 19, 2024 12:20 am

ALSONS Consolidated Resources Inc. (ACR) said on Monday that net income for the first nine months of 2024 improved by 6.3 percent, to P1.89 billion from P1.78 billion a year earlier, mostly due to contributions from power assets.

'This period's financial performance stems from the stable profit margins across our power generation assets and the growing demand for electricity in the region,' ACR Deputy Chief Financial Officer Philip Edward Sagun said.

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