Tag: acen’s
-
Lower costs, new farms drive ACEN’s 61.5% income surge
•
ACEN Corp., the Ayala group’s renewable energy arm, reported a 61.5% increase in its attributable net income to P3.57 billion for the second quarter, driven by the operationalization of new solar and wind farms and a significant reduction in costs. Revenues declined by 16.6% to P9.45 billion from P11.33 billion;…