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Energy business drives Vivant's 42% net income growth in Q1
The Freeman
|May 12, 2025
Cebu-based Vivant Corporation posted a 42 percent year-on-year increase in consolidated core net income to P318 million for the first quarter of 2025, propelled by robust earnings from its power generation and electricity distribution businesses.
The company also reported a 26 percent rise in net income attributable to equity holders, reaching P284 million, inclusive of non-recurring income adjustments.
The first-quarter performance highlights Vivant's resilience amid sectoral shifts and its continued strategic push into essential infrastructure.
"We saw strong momentum across our energy assets, particularly from our conventional power plants operating in the reserve market. Our recent agreements in both energy and water signal continued growth and impact in vital utilities," said Vivant CEO Arlo G. Sarmiento.
Vivant's energy business remained the primary earnings engine, contributing a combined P505 million in net income.
This story is from the May 12, 2025 edition of The Freeman.
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