Energy

8 hours ago

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.

16 hours ago

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.

28 Apr 2025

3:48PM

MVP-backed Meralco posts P11.2B core profit in Q1, keeps strong financial position

Industry giant Manila Electric Co powered through a strong start to 2025, growing its core net income by 10.8 percent to P11.2 billion despite global and local pressures on the energy sector.

16 Apr 2025

9:28AM

Pangilinan: Meralco to boost power services with franchise renewal

Meralco chair and CEO Manuel Pangilinan explained that the 25-year franchise extension—recently enacted into law—is as a key enabler of the firm’s ongoing modernization and expansion plans as the power utility responds to the evolving needs of consumers and the broader economy.

7 Apr 2025

2:07PM

Nickel Asia unit to supply solar power to electricity retailer Mabuhay Energy

Under the deal, Emerging Power’s units will deliver power output from two solar projects: the operational 72.128-megawatt peak (MWp) Subic New PV Power Plant and the 70-MWp Cawag Solar Power Plant currently under development.

7 Apr 2025

11:29AM

Razon’s MORE Power, EEI underscore close partnership in Iloilo golf tournament

What looked like a simple golf tournament at the Iloilo Golf and Country Club turned into a powerful signal of partnership between two key players in Philippine infrastructure.