Alsons Consolidated Resources' Net Income Rises 11% in 2024

MT Newswires Live

2025/03/21

Alsons Consolidated Resources (PSE:ACR) said its net income in 2024 rose 11% to 2.53 billion Philippine pesos from 2.28 billion pesos a year earlier, according to a Thursday Philippine bourse disclosure.

The power generation and infrastructure development company attributed the higher profit to rising electricity demand, favorable trading opportunities, and successful launch of Retail Electricity Supply (RES) unit.

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