Net income contributions from Financial Services, Real Estate, and Infrastructure SBUs were 18 percent, 3 percent, and -5 percent, respectively. Aboitiz Power Corporation’s net income contribution to AEV for the first half of 2024 amounted to P9.1 billion, 2 percent lower than the {P9.3 billion recorded in the same period in 2023. Net income contribution from Union Bank of the Philippines amounted to P2.5 billion for the first half of 2024. This is 23 percent lower than the P3.2 billion recorded in the same period in 2023. Net income contribution from the Food and Beverage segment, which includes Pilmico Foods Corporation, Pilmico Animal Nutrition Corporation, and Pilmico International Pte.

Source: Daily Nation July 25, 2024 14:52 UTC