Net income fell 26 percent to P7.8 billion from P10.6 billion a year earlier, while earnings before interest, taxes, depreciation and amortization (EBITDA) declined 8 percent to P20.4 billion.
Nine-month gains hold
Despite the quarterly setback, nine-month net income rose 13 percent to P26.2 billion, while core profit climbed 11 percent to P25.5 billion.
Higher electricity prices, increased contracted capacity and contributions from the Caliraya-Botocan-Kalayaan hydroelectric complex and new solar plants helped cushion the impact of weaker coal operations.
Power sales climb
Electricity sales rose 9 percent to 35,105 gigawatt-hours, lifting EBITDA from generation and retail electricity supply by 14 percent to P58 billion.
The distribution business delivered a more modest 1 percent EBITDA increase to P7.1 billion, even as electricity sales grew 8 percent.
Debt and liquidity
AboitizPower ended September with P60.2 billion in cash against P331.2 billion in interest-bearing debt, leaving its net debt-to-equity ratio at 1.2 times.
Total assets reached P647.8 billion, up 4 percent from December 2025, as the company expanded its power portfolio.
—Edited by Miguel R. Camus
