ALSONS Consolidated Resources (ACR) reported on Thursday that 2024 net income increased by 11 percent to P2.53 billion from P2.28 billion a year earlier, driven mainly by higher electricity demand.
The company told the stock exchange that favorable trading opportunities in the Wholesale Electricity Spot Market and the successful launch of its retail electricity supply (RES) unit also contributed to the earnings growth.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
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
If you have an active account, log in
here
.