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The Petron Corp. has recorded a 30 percent increase in its net earnings for 2017 following strong sales in the country and abroad. The company reported that its net income reached P14.1...
The Aboitiz Power Corporation (AboitizPower) recorded a net income increase of two percent to P20.4 billion in 2017. The company had a non-recurring loss of P2.9 billion this year, versus P611 million...
The Manila Electric Co. (Meralco) recorded a higher profit for 2017 following high consolidated energy sales volume and customer count. Meralco president Oscar Reyes said that 2017 was another strong year for...
The Semirara Mining and Power Corp.’s net earnings increased by almost a fifth on robust coal sales volume and prices and higher generation from coal plants. In a disclosure, the company said...
Pryce Corp. is looking at a higher income target of P1.55 billion this year after achieving its profit guidance in 2017 following strong liquefied petroleum gas (LPG) sales. In a disclosure, Pryce...
Phoenix Petroleum Philippines Inc. recorded a 65 percent net income increase in 2017 from P1.09 billion to P1.79 billion. In a disclosure to the Philippine Stock Exchange, the company recorded a banner...
The PetroEnergy Resources Corp. (PERC) has raised around P758.3 million, completing its stock rights to expand its renewable energy business. The company disclosed that if offered 157.98 million shares to existing stockholders...
Ayala Corp.’s AC Energy is set to develop over 300 MW worth of solar power plants in Vietnam. AC energy has partnered up with the BIM Group of Vietnam to develop over...
AC Energy sees consistent bottom-line growth in the medium term following contributions from wind farms, geothermal acquisitions, and new power projects. “Last year, we’ve had a good wind regime. Plus, geothermal investment...
Oil conglomerate Petron Corp. has set an offer up to $401,957,000 in tender notes to repay its outstanding securities of $750 million listed in The Stock Exchange of Hong Kong Limited....
