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Aboitiz group teams up with Australian firm

ABOITIZ Equity Ventures, Inc. (AEV) has partnered with Australia’s Arowana International (AWN) for the establishment of a training center that will offer information and communications technology (ICT) seminars within the year.

Aboitiz Equity Ventures books P22-B profit in 2018

ABOITIZ Equity Ventures, Inc. (AEV) saw its consolidated profit rise by three percent in 2018, as its weaker performance in the fourth quarter tempered its full-year results.

Aboitiz unit secures P206-million contract

THE CONSTRUCTION arm of Aboitiz Equity Ventures, Inc. has secured the P206-million contract to design and construct an overhead transmission line for another Aboitiz-led company, Lima Enerzone Corp.

AEV to issue P30-B retail bonds

ABOITIZ Equity Ventures, Inc. (AEV) will be issuing up to P30 billion worth of retail bonds to raise money that would finance future acquisitions and investments.

Aboitiz unit hopes to start operating two airports by end-2019

THE infrastructure unit of Aboitiz Equity Ventures, Inc. (AEV) hopes to start operating two regional airports by the end of 2019, including the P42.7-billion Laguindingan Airport in Misamis Oriental.

AEV allots up to P60-billion capex for 2019

ABOITIZ EQUITY Ventures, Inc. (AEV) is looking to allocate up to P60 billion to fund the expansion of its power, food, banking, land, and infrastructure businesses in 2019.

AEV posts P7.2-billion net income in 3rd quarter

ABOITIZ Equity Ventures, Inc. (AEV) posted a consolidated third-quarter net income of P7.2 billion, higher by 28% from a year ago in part as the diversified holding company recorded one-off foreign exchange gains to reverse losses in the same period last year.

AEV earnings slip 2% in first half

Aboitiz Equity Ventures, Inc. (AEV) reported a 2% drop in earnings for the first six months of 2018, dragged by net forex losses coming...

Republic Cement sees profit rebounding this year

Republic Cement and Building Materials, Inc. expects profits to recover this year after higher input costs and intense competition put pressure on margins last...

Aboitiz Equity Ventures income rises 3% in Q1

ABOITIZ Equity Ventures, Inc. (AEV) reported a 3% increase in first quarter consolidated net income to P4.8 billion despite its power business, the biggest...

AEV first-quarter profit inches up by 3%

Aboitiz Equity Ventures, Inc. (AEV) grew its first quarter consolidated net income by 3% to P4.8 billion from P4.7 billion last year due to...

Aboitiz Equity earnings dip

ABOITIZ Equity Ventures, Inc. (AEV) saw its earnings dip in 2017, after incurring higher losses from the operations and refinancing of costs for its...

AEV’s 2017 net income falls 4%

Aboitiz Equity Ventures, Inc. (AEV) saw its earnings dip in 2017, after incurring higher losses from the operations and refinancing of costs for its...

AEV submits P148-billion unsolicited proposal to revamp regional airports

The infrastructure unit of the Aboitiz Group submitted an unsolicited proposal to modernize four major regional airports for close to P150 billion. Aboitiz Equity Ventures,...

AEV consolidates banking units under UnionBank

By Krista A. M. Montealegre, National Correspondent ABOITIZ EQUITY Ventures, Inc. (AEV) transferred its ownership in PETNET, Inc. to the subsidiaries of UnionBank of the Philippines...

AEV pins hopes on gov’t projects to lift cement sales

By Arra B. Francia, Reporter ABOITIZ EQUITY Ventures, Inc. (AEV) is banking on the implementation of the government’s infrastructure projects to boost its cement business...

AEV’s Pilmico acquires Vietnam’s Eurofeed

PILMICO International Pte. Ltd., a subsidiary of Aboitiz Equity Ventures, Inc. (AEV), acquired 70% of the outstanding shares of Vietnam animal feeds company Europe...