AEV H1 NET INCOME DIPS 2% TO P10.3B

ABOITIZ Equity Ventures, Inc., the holding company of the Aboitiz Group of Companies, said on Wednesday its to P10.3 billion from P10.5 billion in the same period last year on account of non-recurring foreign exchange losses.

In a disclosure to the Philip the revaluation of dollar denominated loans.

core net income for the period rose

- - preciation and amortization) P22.8 billion in the same period last year.

- - - uplift the lives of millions of Aboitiz said.

AboitizPower Corp. posted net

AboitizPower said the decline the revaluation of dollar-denominated liabilities.

AboitizPower said its consoli same period last year.

of the Philippines reported income subsidiaries recorded net income 8 percent from the same period last year.

AEV’s food subsidiaries - Pilmico Animal Nutrition Corporation and Pilmico International - million this year.

- - tered a net income of P202 million

- - slower cement demand.

- - ture businesses.