Aboitiz Equity Ventures Grows 2016 Full-year Profit by 27% to PhP22.5B

Taguig—(PHStocks)—Aboitiz Equity Ventures Inc. (PSE: AEV) saw its consolidated net income increase by 27% year-on-year (YoY) from PhP17.7 billion in 2015 to PhP22.5 billion in 2016. This translates to PhP4.02 in earnings per share. Power accounted for 65%, followed by the Banking and Financial Services, Food, Infrastructure, and Land strategic business units (SBUs) with income […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in May 2016

Manila—(PHStocks)—Last month saw the Philippines’ presidential elections, and the looming change of administration in the country saw investor mood getting more positive, as seen in the mostly positive levels of the mainboard PSE index. We have yet to see really the impact of this new government in the country’s economy. Let’s just hope it’s for […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in March 2016

Below is the list of the top 50 strongest performing stocks for the month of March. 1. Concrete Aggregates Corp. “A” (PSE: CA): PhP339, 438.09% 2. Da Vinci Capital Holdings Inc. (PSE: DAVIN): PhP5.90, 115.33% 3. Mabuhay Vinyl Corp. (PSE: MVC): PhP4.78, 71.94% 4. Synergy Grid & Development Philippines Inc. (PSE: SGP): PhP250, 64.47% 5. […]
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Aboitiz Equity Ventures Declares Cash Dividends

Taguig—(PHStocks)—The board of directors of Aboitiz Equity Ventures Inc. (PSE: AEV) has approved the declaration of cash dividends of PhP1.06 per share to all stockholders of record as of 22 March 2016, payable on 19 April 2016. Related Articles:Aboitiz Equity Ventures Earmarks PhP58.4B Capex in 2016AEV Inks MOU with CRH to Acquire Lafarge’s Local OperationsAboitiz Equity […]
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Aboitiz Equity Ventures Earmarks PhP58.4B Capex in 2016

Taguig—(PHStocks)—High hopes on promising growth prospects for the year led Aboitiz Equity Ventures (PSE: AEV) to allocate PhP58.4 billion in capital expenditure (capex) in 2016, bulk of which will be used for its power expansion projects. “Each of our businesses has the potential for higher financial return and growth, as well as sufficient scale and […]
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AEV Inks MOU with CRH to Acquire Lafarge’s Local Operations

Manila–(PHStocks)–Aboitiz Equity Ventures Inc. (PSE: AEV) is pleased to announce the signing of an exclusivity agreement with a non-binding Memorandum of Understanding (MoU) with CRH plc to potentially invest with CRH in the acquisition of the majority of the shares of Lafarge Republic Inc. (PSE: LRI) and the shares in Luzon Continental Land Corporation and […]
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Aboitiz Equity Ventures’ Outstanding Bond Issue Rated PRS Aaa

Manila–(PHStocks)–The credit rating for Aboitiz Equity Ventures Inc.’s (PSE: AEV) outstanding bond issue of PhP8.0 billion, is maintained at PRS Aaa, with a stable outlook, according to Philippine Rating Services Corp. (PhilRatings). Obligations rated PRS Aaa are of the highest quality with minimal credit risk. The obligor’s capacity to meet its financial commitment on the […]
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Aboitiz Firm Still Keen on Airport operations

Aboitiz Equity Ventures Inc. (PSE: AEV), led by the Cebu-based Aboitiz clan, is reviving its interest in operating airports in the Philippines as it joined the list of potential bidders for a government auction for provincial airport contracts. Read More Source: Philippine Daily Inquirer Related Articles:Aboitiz Equity Ventures Earmarks PhP58.4B Capex in 2016Aboitiz Equity Ventures’ […]
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