Aboitiz Equity Ventures Inc. (AEV) reported a consolidated net income of ₱8.9 billion for the third quarter of 2025, a 71 percent increase from the previous quarter, driven by stronger performance across most of its business units. The result underscored the group’s resilience and ongoing transformation into the Philippines’ first “techglomerate,” a future-ready conglomerate powered by innovation, sustainability, and collaboration.
For the first nine months of 2025, AEV posted ₱17.3 billion in net income, slightly below ₱18.8 billion in the same period last year. The rebound in the third quarter helped offset a softer first half, highlighting the company’s adaptability and long-term growth focus.
“AEV’s results this quarter reflect the resilience of our portfolio and the dedication of our teams across all our businesses,” said Aboitiz Group president and CEO Sabin M. Aboitiz. “We continue to invest in growth areas that create long-term value for our stakeholders.”
AboitizPower remained the largest contributor, generating ₱12.5 billion of AEV’s nine-month earnings on the back of higher generation margins, improved hydro inflows, and new solar capacity from projects in Laoag, Armenia, and Calatrava. The segment continues to support the Philippines’ 35 percent clean energy goal while driving the group’s sustainable, tech-driven growth.
The food and beverage segment followed with ₱5.2 billion, up 25 percent year-on-year, reflecting stronger results from AboitizFoods’ flour, farms, and trading businesses, alongside full nine-month contributions from Coca-Cola Europacific Aboitiz Philippines. UnionBank contributed ₱3.2 billion, lower year on year, as improved net interest margins and higher fee-based income were tempered by one-time write-offs and credit costs.
Aboitiz Land recorded ₱879 million in income, a 69 percent increase due to asset monetization gains, while Aboitiz InfraCapital returned to profitability with ₱137 million, driven by its expanding economic estates, airport operations, digital infrastructure, and the ramp-up of Apo Agua.
As of September 30, 2025, AEV’s total assets reached ₱971.1 billion, up 9 percent from the previous year-end, with cash and cash equivalents at ₱90.8 billion. The company maintained a solid financial position with a current ratio of 1.3x and a net debt-to-equity ratio of 0.9x.
“AEV remains well-positioned for growth as we advance our transformation into the Philippines’ first techglomerate,” Aboitiz added.
