Vivant's Attributable Net Income Rises 3% in 2024

MT Newswires Live
03-25
RPC Inc3.45%盤前

Vivant Corp.'s (PSE:VVT) net income attributable to equity holders for 2024 rose 3% year over year to 2.4 billion Philippine pesos, according to a Monday Philippine bourse filing.

The electric power retailer's consolidated revenues jumped 48% annually to reach 12.2 billion pesos, boosted by the combined effect of higher sales volumes from certain power generation assets, retail electricity supply (RES) and

solar rooftop businesses.

As of Dec. 31, 2024, the company's consolidated assets amounted to 32 billion pesos, while total equity attributable to parent stood at 20.1 billion pesos.

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