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

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 […]

Petron posts record P15.6-B net income in 2025, up by 84%

Petron Corporation closed 2025 with its strongest financial performance to date, posting a consolidated net income of P15.6 billion, up 84 percent from the P8.5 billion recorded in 2024.   In a statement, the country’s largest oil refiner and fuel retailer attributed the surge in earnings to stronger sales volumes, improved refining margins, and enhanced […]