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                    [Title] => Aboitiz Equity posts 37% income growth in 9 months
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV) reported a 37-percent jump in net income to P2.48 billion in the first nine  months of 2005, buoyed by the strong performance of the investment holding company’s power, food and banking businesses.


In a press statement, AEV said its earnings before interest, taxes, depreciation and amortization (EBITDA), rose 20 percent year-on-year to P5 billion.


The group’s electric business pumped in P1.76 billion to the holding company’s earnings in the first nine months, up 50 percent from the same period last year.


                    [DatePublished] => 2005-11-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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NORTHERN MINI-HYDRO POWER CORP

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                    [ArticleID] => 305793
                    [Title] => Aboitiz Equity posts 37% income growth in 9 months
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV) reported a 37-percent jump in net income to P2.48 billion in the first nine  months of 2005, buoyed by the strong performance of the investment holding company’s power, food and banking businesses.


In a press statement, AEV said its earnings before interest, taxes, depreciation and amortization (EBITDA), rose 20 percent year-on-year to P5 billion.


The group’s electric business pumped in P1.76 billion to the holding company’s earnings in the first nine months, up 50 percent from the same period last year.


                    [DatePublished] => 2005-11-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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Aboitiz Equity posts 37% income growth in 9 months

By Zinnia B. Dela Peña | November 8, 2005 - 12:00am

Aboitiz Equity Ventures Inc. (AEV) reported a 37-percent jump in net income to P2.48 billion in the first nine months of 2005, buoyed by the strong performance of the investment holding company’s power, food...

Business