MANILA (AFX-ASIA) – Conglomerate Aboitiz Equity Ventures (AEV) said its net profit for the first quarter to March grew 13.5% year-on-year to 440 million pesos on robust contributions from its power-related businesses. (US$1=56 pesos). Earnings per share in the quarter rose 14% year-on-year to 0.09 peso. “AEV’s power companies posted the largest contribution to 2004’s…
PHILIPPINES: Aboitiz Equity Q1 up 13.5% year/year on power unit gains
Posted on May 10, 2004 by EnergyAsia