Alsons Consolidated Resources, the publicly listed holding company of the Mindanao-based Alcantara Group, grew its net income by 11 percent in 2024 to P2.53 billion, up from P2.28 billion in 2023.
The Alcantara family’s listed Alsons Consolidated Resources (ACR) has raised P1.6 billion through the Philippine Dealing and Exchange Corp. (PDEx) as part of its P3-billion commercial paper program, boosting its expansion plans.
Alsons Consolidated Resources, Inc. has received Securities and Exchange Commission (SEC) approval for the sale of up to P1.6 billion in commercial paper, marking the first tranche of its P3-billion debt program.
The Alcantara family’s listed holding company Alsons Consolidated Resources Inc. raised P516.7 million from the fourth tranche of its P3 billion debt program.