AEV net income falls 35% in Q1

Aboitiz Equity Ventures, Inc. (AEV), the portfolio manager of the Aboitiz Group, is confident that its investments in the clean energy and infrastructure businesses will power future growth even as first quarter earnings declined.

- By JAMES A. LOYOLA

In a disclosure to the Philippine Stock Exchange, the firm said said it continued to build momentum in the first quarter of 2025, posting a consolidated net income of P3.2 billion, 35 percent lower than the P4.9 billion it earned in the same period last year.

“While this marks a temporary decline from the previous year, the Group’s strategic investments in renewable energy and infrastructure expansion underscore its long-term vision for growth, resilience, and nation-building,” AEV said.

AEV President and CEO Sabin M. Aboitiz said that, “Looking to 2025, we see even more opportunities to create value for our shareholders and contribute to national development.”