Aboitiz Power profit down 23% in Q2
Aboitiz Power Corporation (AboitizPower) said its consolidated net income declined 23 percent to P3.7 billion for the second quarter of 2015, citing revaluation of dollar-denominated liabilities. In a disclosure to the Philippine Stock Exchange (PSE), the AboitizPower said the movements in the peso-dollar exchange rate resulted to a P154 million nonrecurring loss versus last year’s […]