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AEV earnings hit P18.8B on strong energy sales

By Inquirer - 4 weeks ago
Diversified conglomerate Aboitiz Equity Ventures Inc. (AEV) saw modest growth in the January to September period, driven mainly by its core businesses, particularly the power unit. AEV on Monday said its earnings inched up by 4 percent to P18.8 billion. Growth was tempered by a P104-million one-time foreign exchange loss recognized in the third quarter.

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