Alsons' First-Half Net Income Surges 21% to P1.3 Billion

​Alsons Consolidated Resources (ACR) delivered a strong H1 2025 performance with net income rising 21% to P1.3 billion from P1.1 billion in the same period last year.

In a disclosure to the Philippine Stock Exchange, ACR reported stable revenues of P5.8 billion, achieving 98% of its first half 2024 revenue of P5.9 billion. The results were driven by the continuing strong performance of Sarangani Energy Corporation alongside the combined contributions of ACR's business units.

Net income attributable to the Parent Company soared to a 43% year-on-year growth to P517 million from P362 million.

"Despite the challenging market and economic impact of geo-political events, we are pleased to report a stable, profitable and strong first half performance. This achievement is a testament to the dedication and resilience of our entire team, as well as the trust and support of our stakeholders." said Roberto Joaquin P. Ramos, ACR Chief Finance Officer. "Looking ahead, we remain confident that our momentum combined with, operational discipline and our values will not only carry us through rest of the year but in the periods to come."

Among the key contributors to the company's performance were its improved participation in the Wholesale Electricity Spot Market, Siguil Hydro Power Corporation (SHPC), and Alsons Power Supply Corporation, its Retail Electricity Supply (RES) unit. SHPC, ACR's pioneering 14.5-megawatt hydropower plant in Maasim, Sarangani, commenced commercial operations in June 2024 and now operated as a must-run facility in the Wholesale Electricity Spot Market.

ACR is dedicated to expanding its renewable energy portfolio through various solar and hydropower projects which are in different stages of development. The company aims to commence the development of its first large-scale solar power project in Mindanao within the year, marking another significant milestone in its commitment to clean energy and sustainable growth.