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 […]
Tomas Kauer - News Moderator 
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.
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