The Daily Tribune
RE, infra investments cause dip in AEV’s Q1 earnings
Aboitiz Equity Ventures (AEV) posted a P3.2 billion net income in the first quarter of 2025, a 35 percent decline from the previous year.
The company is confident its investments in clean energy and infrastructure will drive long-term growth.
AboitizPower contributed 62 percent of the Group's net income, advancing its clean energy strategy with new solar projects in Laoag, Armenia, and Calatrava.
The food and beverage segment saw a substantial 54 percent increase in net income due to strong margins and the full integration of Coca-Cola Europacific Aboitiz Philippines.
Aboitiz InfraCapital has begun rehabilitating Laguindingan Airport as part of its expansion strategy, viewing the initial loss as a strategic investment.
UnionBank experienced an 8 percent revenue increase, although digital investments impacted its net profits.
AEV maintained a strong financial position with P926.9 billion in assets at the end of the quarter.
Topics in this story
Explore more stories about these topics.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
Aboitiz Equity Ventures Inc. (AEV) reported a 35% decrease in its first-quarter profit, amounting to P3.2 billion, primarily due to reduced earnings from its power and banking subsidiaries.
Read more →
Aboitiz Equity Ventures (AEV) is allocating P105 billion for its 2025 capital expenditure (capex), a 37% increase from the previous year.
Read more →