Aboitiz Equity Ventures, Inc. (AEV) reported a consolidated net income of P3.2 billion in the first quarter of 2025, slightly down from the same period last year, as the company leaned into long-term investments in clean energy and infrastructure. AEV’s power unit, AboitizPower, accounted for 62 percent of the group’s earnings, driven by the energization of new solar facilities in Laoag (159 MWp), Armenia (45 MWp), and Calatrava (173 MWp), helping offset lower power selling prices and plant outages.
“In 2025, we see even more opportunities to create value for our shareholders and contribute to national development,” said AEV president and CEO Sabin M. Aboitiz.
Infrastructure arm Aboitiz InfraCapital (AIC) officially took over operations of Laguindingan Airport, kicking off its rehabilitation as part of AIC’s regional airport expansion. While the segment posted a temporary loss, AEV described it as a strategic investment aligned with national development goals.
The food and beverage segment posted a 54 percent jump in net income to P1.4 billion, boosted by strong margins and Coca-Cola Europacific Aboitiz Philippines' (CCEAP) full integration. UnionBank reported an 8 percent rise in revenues, though digital investments affected net profits. AEV closed the quarter with P926.9 billion in assets and remains financially sound.
“Our mission goes beyond profit — we are committed to building a nation that thrives on innovation, sustainability, and inclusive progress,” Aboitiz added.