Aboitiz Equity Ventures Q3 profit jumps 71 percent

Aboitiz Equity Ventures (AEV), parent company of AboitizPower and UnionBank, posted a 71 percent increase in profit from the previous quarter, reporting a consolidated net income of P8.9 billion for the third quarter of 2025. The conglomerate said the rise was “driven by stronger performance across most of its business units, underscoring the group’s resilience and progress toward becoming the Philippines’ first techglomerate — a future-ready conglomerate powered by innovation, sustainability, and collaboration.”

From January to September 2025, AEV reported a net income of P17.3 billion, down 8 percent from P18.8 billion in the same period last year. The strong third-quarter results offset a softer first half, highlighting the company’s ability to adapt to changing market conditions while maintaining a focus on long-term growth.

AboitizPower contributed the largest share of AEV’s net income, accounting for roughly 72 percent of total earnings in the first nine months. The power subsidiary posted P12.5 billion in income, driven by higher generation margins, improved hydro inflows, and new solar projects in Laoag, Armenia, and Calatrava.

AEV’s food and beverage investments followed with P5.2 billion in income, up 25 percent year-on-year, reflecting stronger results from AboitizFoods’ flour, farms, and trading businesses, as well as a full nine-month contribution from Coca-Cola Europacific Aboitiz Philippines.

UnionBank contributed P3.2 billion to AEV’s earnings, lower than last year, as improved net interest margins and higher fee-based income were offset by one-time write-offs and credit costs. Aboitiz Land reported P879 million in income, a 69 percent increase, supported by asset monetization gains. Aboitiz InfraCapital returned to profitability with P137 million in income, driven by growth in economic estates, airport operations, digital infrastructure, and the ramp-up of Apo Agua.

As of 30 September 2025, AEV’s total assets reached P971.1 billion, up 9 percent from the previous year-end, while cash and cash equivalents stood at P90.8 billion. The group maintained a strong financial position with a current ratio of 1.3 and a net debt-to-equity ratio of 0.9.

“AEV’s results this quarter reflect the resilience of our portfolio and the dedication of our teams across all our businesses,” said Aboitiz Group president and CEO Sabin M. Aboitiz. “We continue to invest in growth areas that create long-term value for our stakeholders.”