AEV Holds ground in 2025 as power, banking, and food units drive earnings

Aboitiz Equity Ventures Inc. (AEV) reported a consolidated core net income of P25.5 billion for the year 2025, maintaining the same level recorded in 2024 as strong performances from its power, banking, and food businesses helped offset several one-time charges.

In a statement released Thursday, the diversified conglomerate said its reported net income reached P18.3 billion after accounting for P7.2 billion in non-recurring items booked during the year.

A significant portion of these charges was linked to AboitizPower’s partial impairment of the GNPower Mariveles Energy Center, reflecting adjustments made in the company’s financial reporting.

Despite these non-recurring impacts, AEV said its core businesses remained resilient, with steady contributions from the energy, banking, and food segments sustaining the group’s overall earnings performance.

The company noted that the continued strength of these sectors highlights the group’s diversified portfolio, allowing it to remain stable despite market challenges and accounting adjustments during the year.