POWER generator Alsons Consolidated Resources Inc. (Alsons, ACR), the publicly listed company of the Alcantara Group, saw net earnings grow to P1.17 billion in the first half of 2023, up 70 percent from P689 million a year ago and led by revenue growth from its energy facilities.
Alcantara-led Alsons Consolidated Resources Inc.’s (ACR) earnings surged by 70 percent to P1.17 billion in the first half from last year’s P689 million. ACR attributed its financial results during the period to the strong performance of its power assets. Revenues stood at P6.9 billion at end-June this year from P5.4…
Strong revenues boost Alsons net income to P256M - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Earnings of Alsons Consolidated Resources of the Alcantara Group surged by more than half in the first quarter, fueled by a steady power demand from its key power markets in Mindanao.