AEV nets P21.6 billion in 2017

ABOITIZ Equity Ventures, Inc. (AEV) ended 2017 with a net income of P21.6 billion, four percent lower than last year’s P22.5 billion.

The biggest income contribution came from its power business (69 percent), while its banking and financial services, food, land, and infrastructure strategic business units contributed 18 percent, seven percent, three percent, and three percent, respectively.

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