CITICORE Energy REIT Corp. (Creit) on Monday said net income in 2024 rose 2 percent to P1.43 billion from P1.40 billion a year earlier, reflecting a stable performance due to guaranteed base leases supported by seven properties acquired in 2023.
Creit, which is sponsored by by Citicore Renewable Energy Corp. (CREC) and is the country's first renewable energy REIT, told the stock exchange that earnings before interest, taxes, depreciation, and amortization grew 4 percent to P1.80 billion.
