Aboitiz Equity Ventures’ net income declined by 13% YoY to P18.4B in 2014 from P21.0B in 2013. This translates to P3.32 in earnings per share. Power accounted for 71%, followed by Banking, Food and Land Development, with income contributions of 18%, 7%, and 4%, respectively. The...
Aboitiz Equity Ventures reported a net income of Php 4.1 billion in the first quarter of 2015, 16% lower than the previous year. Core income also stood at the same figure of Php 4.1 billion, down by 7% from a year ago. Of the total contribution,...
Apo Agua Infrastructura Inc. (APO Agua), a joint venture company between Aboitiz Equity Ventures (AEV) and J.V. Angeles Construction Corporation (JVACC), has entered into a Php 10 billion bulk water supply agreement with the Davao City Water District (“DCWD”). The agreement involves the construction of the...
The Aboitiz Group has created an 8-hectare outdoor biodiversity learning center developed to share and highlight the rich natural resources of the Davao Gulf. The property, now called Cleanergy Park, has long been a sanctuary to the critically endangered Pawikan (Hawksbill) turtle, and is surrounded by...
The Aboitiz Group was distinguished for its corporate governance initiatives with eight awards in the recent 5th Asian Excellence Award by Corporate Governance Asia. AEV President and CEO Erramon Aboitiz was named Asia’s best CEO, while the whole group was awarded Best Corporate Communications Team and...
Aboitiz Equity Ventures reports first quarter income of Php 4.1 billion Aboitiz Equity Ventures ended the first quarter of 2015 with a core net income of Php 4.1 billion, 7% lower from the same period last year. This translates to earnings per share of Php 0.74...