Aboitiz Power Corporation’s net income in the first half of the year slipped by six percent to Php 8.9 bn from Php 9.5 bn year-on-year. The revaluation of consolidated dollar-denominated loans and placements resulted to a non-recurring gain of P323 million (versus last year’s loss...
On a year-to-date (“YTD”) basis, Aboitiz Equity Ventures, Inc.’s (“AEV” or the “Company”) consolidated net income declined by 20% year on year (YoY) to P9.5 billion from P11.9 billion. This translates to P1.72 in earnings per share. Power accounted for 74%, followed by the Banking,...
Dare to dream big and reach for your goals, one small step at a time, and you might just end up significantly changing the Philippines. This was the message of athlete Emilio “Chieffy” Caligdong and social entrepreneur Kristina “Krie” Lopez to the 90 delegates of the...
Participants toured around the Cleanergy Center in the Admin Compound of the Makban Geothermal Power Plant in Barangay Bitin, Bay, LagunaThe League of Corporate Foundations (LCF) Environment Committee conducted the Klima ng Pagbabago sa Nagbabagong Klima Conference last July 22, 2014, at the Cleanergy Center of the...
The Aboitiz Group, through its social development arm, Aboitiz Foundation, is continuously working to close the gap in classroom to student ratio that hinders effective learning in public schools nationwide. While the ideal ratio is 1:40, numerous schools have a classroom-student ratio of 1:60 or more....
WeatherPhilippines Foundation Inc., in partnership with Aboitiz Foundation and the Ramon Aboitiz Foundation Inc. (RAFI), has teamed up with local government units in the province of Cebu to further strengthen its weather-related disaster-preparedness advocacy. Last July 18, 2014, WeatherPhilippines organized its Capacity-Building Training for ten Cebu...
FUTURE SCIENTISTS. Students of Taguig Elementary School enjoy their newly-refurbished science laboratory and equipment as Aboitiz Foundation develops it as a Special Science Elementary School.To create a greater impact in its new host community, the Aboitiz Foundation is investing in the development of Special Science...
Publicly-listed company Aboitiz Equity Ventures said it remains interested and open to bid for more public-private partnership projects as it looks at infrastructure development as a focal point in growing its business. AEV’s land development arm Aboitiz Land and Ayala, recently submitted the highest bid for...
Over 29,000 elementary and high school students affected by super typhoon Yolanda in Northern Cebu will soon be able to get back in the comfort of improved classrooms as the Aboitiz Foundation confirms that its ongoing schools rehabilitation plan is on track with its target...