Earnings of Alsons Consolidated Resources Inc. rose by 18 percent in the nine months ending September on the back of a steady rise in revenues from operations.
Alcantara-led Alsons Consolidated Resources Inc. (ACR) recorded a 20-percent drop in earnings to P689 million in the first half from the P871 million recorded in the same period a year ago. Of which, P364.93 million was booked in the second quarter which is 25 percent lower than the P492.39 million…
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Net earnings of Alsons Consolidated Resources Inc., the publicly listed company of the Alcantara Group, grew by 24 percent to P405 million last year, driven by its coal-fired power plant in Sarangani province.
Alsons Consolidated Resources Inc. (ACR), the publicly-listed company of the Alcantara Group, reported a 24-percent jump in its net income to P405 million last year from P325 million in 2020. ACR’s 210 megawatt (MW) Sarangani Energy Corp.’s (SEC) baseload power plant continued to be the key revenue and income driver…