Tuesday, 24 June 2025
2 Jun 2025
10:55AM
Tycoon Razon emerges as gas power kingpin with P50-B First Gen deal; Lopez stocks surge
By: Miguel R. Camus
Ports and casino tycoon Enrique Razon Jr. is emerging as the country’s new power kingpin with plans to reshape the energy sector through a P50 billion takeover of Lopez-led First Gen Corp.’s gas assets.
29 May 2025
7:54AM
Meralco’s growth plan: 11M smart meters, EV shift, nuclear power push
Manila Electric Company (Meralco) laid out a wide-ranging strategy to modernize its energy infrastructure, pursue digital transformation, and invest in future-ready power technologies, following the renewal of its franchise for another 25 years.
24 May 2025
2:44PM
Citing ‘bias’, CA orders ERC chief to recuse self from NGCP rate case
“We find that respondent gravely abused her discretion when she refused to [withdraw] from the proceedings a quo despite her evident bias and partiality against the petitioner,” the decision stated.
19 May 2025
5:53PM
Lim's Top Line starts 2025 with 38% profit surge, declares maiden dividend
Top Line Business Development Corp. started 2025 on a strong note, posting a 38 percent increase in net income to P37.9 million in the first quarter, up from P27.5 million last year.
14 May 2025
6:52PM
Ramon Ang-led SMC's Q1 profit jumps nearly 5 times on one-off power gain, solid core growth
Conglomerate San Miguel Corp. opened 2025 with a powerful earnings comeback, posting a ₱43.4 billion profit in the first quarter—nearly five times higher than a year ago, fueled by a strategic asset sale in its power unit and favorable foreign exchange gains.
14 May 2025
10:50AM
Vivant posts strong Q1 2025 results, sets sights on renewable energy expansion
Vivant Corp., a publicly listed energy and water company based in Cebu, posted a 42-percent year-on-year increase in core net income to ₱318 million in the first quarter of 2025, up from about ₱224 million in the same period last year.
6 May 2025
1:18PM
Petron reports P4B Q1 2025 profit despite weak oil prices, lower exports
Petron Corporation posted a net income of P4.03 billion in the first quarter of 2025, holding steady despite lower global oil prices and weaker export sales.
6 May 2025
10:41AM
Lopez’s First Gen Q1 2025 profit slips 4% as geothermal, gas sales dip
The Lopez family-led power firm First Gen Corp. posted a 4 percent drop in recurring net income to $77 million (P4.49 billion) in the first quarter of 2025, down from $81 million (P4.52 billion) in the same period last year.
2 May 2025
7:46PM
Top Line hits record P3.35B revenue in 2024, profit soars 49%
Top Line Business Development Corp., the first company to go public this year, delivered its strongest financial performance yet in 2024, with net income jumping 49 percent to P115 million and revenue hitting an all-time high of P3.35 billion, up 21 percent.
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