ACEN's (PSE:ACEN) consolidated net income for 2024 jumped 27% year over year to 9.36 billion Philippine pesos, according to a Thursday Philippine bourse filing.
The jump was due to a 25% growth in attributable renewables output to 5,596 gigawatt hours.
As of Dec. 31, 2024, the renewables developer's total assets increased 16% to 329.5 billion pesos, it added.
Shares gained 2% recently.
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