Alsons’ posts P1.84B net income

Business & Finance
14 Nov 2026 • 6:16 AM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

Alsons’ posts P1.84B net income

ALSONS Consolidated Resources Inc., a Philippine power producer with operations in Mindanao, reported a net income of P1.84 billion in the first nine months of the year, up from P1.82 billion in the same period in 2025.

Revenue surged to P15.26 billion from P8.90 billion. Alsons attributed the increase to sustained plant availability and reliable power generation.

Chief financial officer Roberto Joaquin Ramos said the company is pursuing growth in renewable energy while continuing to focus on reliable power supply.

It is building two large-scale solar projects, one in General Santos City and the other in Alabel, Sarangani.

Alsons shares slipped by P0.08 to close at P0.67 on Friday.

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