ACEN Corp., the Ayala Group's renewable energy arm, on Wednesday reported a 27-percent increase in net income to P9.36 billion last year from P7.40 billion in 2023, largely on the back of additional generation capacity.

Core attributable earnings before interest, taxes, depreciation and amortization (Ebitda) were said to have grown 25 percent year on year to P19.30 billion.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details