Alsons nets P2.4 billion in 2025

MANILA, Philippines — Alsons Consolidated Resources Inc. (ACR) of the Alcantara Group saw earnings decline last year even as revenues grew by double digits.

The company reported a four-percent dip in net income to P2.4 billion in 2025 from P2.5 billion in 2024 due to an impairment loss from its fossil fuel power assets.

Attributable earnings, however, increased by 10 percent to P800 million from P722 million on a yearly basis.

In 2025, ACR benefited from rising demand, strong retail electricity sales, higher volumes in spot market trading and the activation of its new power asset in Bohol.

This resulted in a 19-percent growth in revenues to P14.9 billion from P12.54 billion.

“Despite ongoing geopolitical developments, we remain confident in our growth prospects, and we are committed to delivering stable and reliable electricity to every Filipino,” ACR chief financial officer Roberto Ramos said.

“We are working closely with government and industry partners to address existing conditions and mitigate potential risks, while actively exploring alternative sourcing strategies to rectify any disruptions,” he added.

At present, ACR owns and operates at least six power plants with a total installed capacity of around 515 megawatts  across the Visayas and Mindanao.

Its portfolio includes the Sarangani Energy Corp. in Sarangani, Western Mindanao Power Corp. in Zamboanga City, Mapalad Power Corp. in Iligan, Mapalad Power Corp. in Ubay, Southern Philippines Power Corp. in Alabel and Siguil Hydro Power Corp. in Sarangani.