Vivant 2023 income 43% higher at P2.6B

CEBU-BASED power firm Vivant Corp. said Friday that its net income last year rose 43 percent to P2.3 billion, largely due to the robust performance of the energy business. In a disclosure, the company said that it also recognized P366.4 million in noncore income, which mainly stemmed from onetime management and technical contracts, realized gain […]

T Kauer T Kauer
Apr 6, 2024 - 01:05
Vivant 2023 income 43% higher at P2.6B

Vivant 2023 income 43% higher at P2.6B thumbnail

Scroll Up

CEBU-BASED power firm Vivant Corp. said Friday that its net income last year rose 43 percent to P2.3 billion, largely due to the robust performance of the energy business.

In a disclosure, the company said that it also recognized P366.4 million in noncore income, which mainly stemmed from onetime management and technical contracts, realized gain from a share acquisition made by a subsidiary and fair value recognition of some of its investments.

Register to read this story and more for free.

Signing up for an account helps us improve your browsing experience.

Continue

OR

See our subscription options.

Already have an account? Log in here

This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.

Read More