Due to one-time recognition of incurred expenses, the net income of Alcantara-led Alsons Consolidated Resources Inc. (ACR) had slowed down to P689 million in this year’s first half, roughly 21-percent drop from P871 million in the same period last year.
Within the second quarter alone, the com
December 19, 2020 THE Western Mindanao Power Corporation (WMPC) of the Alsons Group of Companies has provided a boost to Zamboanga City’s campaign against the coronavirus disease 2019 (Covid-19).
Engineer Jose Marie Torrejon, WMPC plant manager, said they turned over P16,078,066.27 in check to the city government to be used in Covid-19 response.
Torrejon said the check was received by Mayor Maria Isabelle Climaco-Salazar and City Treasurer Romelita Candido in a simple turnover Wednesday afternoon, December 16, 2020, at City Hall.
The mayor said the amount represents the city s share in the electrification fund, reforestation and watershed management, health enhancement and environmental fund for use in the Covid-19 response.