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Home>Aboitiz Power 2Q Net Profit PHP3.7 Billion, Down 23% On Year

Aboitiz Power 2Q Net Profit PHP3.7 Billion, Down 23% On Year

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Thu, 30 Jul 2015

By Cris Larano MANILA--Aboitiz Power Corp. (APC.PH) said Thursday that its second-quarter net profit dropped 23% on year to 3.7 billion pesos ($81 million), dragged down by revaluation losses on foreign debts and weaker sales of its power generation arm. Net profit contribution in the second
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