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Softer spot market prices drag ACEN income by 60%
malaya Business Insight
|March 10, 2026
ACEN Corp. recorded a 60 percent drop in its consolidated net income for full year 2025 as it only hit P3.8 billion, compared to 2024’s P9.36 billion.
The company explained in a disclosure to the Philippine Stock Exchange on Monday, its profitability was weighed down by softer spot prices in the Philippines and Australia, weaker solar irradiation in key geographies, and loss of generation from offline wind assets in Northern Luzon, most of which have since resumed operations.
Meanwhile, ACEN’s revenues for the period also went down by 14 percent to 32 billion for the period from 2024's P37.3 billion.
This story is from the March 10, 2026 edition of malaya Business Insight.
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