Ayala Net Income Climbs to ₱26B

Makati—(PHStocks)—Ayala Corp. (PSE: AC) reported a net income of ₱26 billion in 2016, 17 percent higher than the previous year, on the back of double-digit growth contributions from its real estate and banking units, boosted by its emerging businesses in power and industrial technologies. This positive earnings momentum was driven by the robust equity earnings […]
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Ayala Breaches Profit Target, Nets PhP22.3B in 2015

Makati—(PHStocks)—Ayala Corp.’s (PSE: AC) net income expanded 20 percent to PhP22.3 billion in 2015, beating its target a year earlier than planned. This was primarily driven by the solid performance of its real estate and telecommunications businesses and lifted by contributions from its power generation unit. Excluding capital gains primarily from the partial sale of […]
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Ayala 1H 2015 Earnings Up 6% to PhP10.4B

Makati—(PHStocks)—Ayala Corp. (PSE: AC)’s net income rose 6 percent to PhP10.4 billion in the first half of the year driven by the double-digit growth in its telecom, real estate, banking, and electronics businesses, and boosted by the positive performance of its power generation unit. Excluding the previous year’s divestment gains from the sale of Stream Global Services, Ayala’s business […]
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AC Energy’s Wind Farms Receive FIT Compliance Certificate

Makati–(PHStocks)–AC Energy Holdings Inc.’s (AC Energy) wind farms in Bangui and Caparispisan, Ilocos Norte recently received their Feed-in-Tariff Certificate of Compliance or FIT COC from the Energy Regulatory Commission (ERC). This entitles both its 19MW wind farm expansion in Bangui, under Northwind Power Development Corp. (Northwind), and its 81MW wind farm in Caparispisan, Pagudpud under […]
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GNPK Signs EPC Contract for 552MW Thermal Plant in Mindanao

GNPower Kauswagan Ltd. Co. (GNPK), the joint venture company between AC Energy Holdings Inc. (AC Energy), the power unit of conglomerate Ayala Corp. (PSE: AC), and Power Partners Ltd. Co. (PPLC), engaged Shanghai Electric Power Construction Co. (SEPCC), a subsidiary of Power Construction Corporation of China, for the engineering, procurement and construction (EPC) of a […]
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