Metro Pacific Posts PhP15B Core Net Income in 2018

Metro Pacific Investments Corp. (MPIC) (PSE: MPI) has reported a 7% rise in consolidated core net income to PhP15.1 billion for the year ended December 31, 2018, mainly driven by: (i) an expanded power portfolio following further investment in Beacon Electric Asset Holdings Inc. in 2017; (ii) continuing traffic growth on all domestic roads; and […]
Continue reading…

 

ACR and GBP Enter Partnership in Power Holding Company in Mindanao

Makati—(PHStocks)—Alsons Consolidated Resources Inc. (PSE: ACR), the publicly-listed company of the Alcantara Group and Mindanao’s first and most experienced independent power producer, has signed an agreement with Global Business Power Corp. (GBP), the leading power producer in the Visayas and an associate of Metro Pacific Investments Corp. (MPIC, PSE: MPI). Under the agreement, GBP will […]
Continue reading…