Friday, 14 November 2025, 1:40 pm

    A Brown books breakout earnings on divestment

    A Brown Company, Inc. reported a dramatic earnings surge for the nine months ended September 30, 2025, riding on stronger core operations and a major divestment gain that transformed its third quarter results.

    The Company posted a consolidated net income of P1.60 billion for the period—up 4.6 times from a year earlier—after recognizing a one-time gain from the sale of ABC Energy’s minority stake in Palm Concepcion Power Corporation. Third quarter net income alone soared 586 percent to P1.25 billion.

    Real estate remained steady, with sales reaching P1.03 billion and gross margin holding at a healthy 55 percent, supported by efficient execution in horizontal developments. Agricultural sales from palm oil milling under Surigao Greens Agri Corp. improved to P190.9 million, delivering a 25 percent gross margin on stable crude palm oil volumes.

    As of September 30, total assets expanded to P15.54 billion, lifted by stronger cash balances and active project investments. Prudent debt management further strengthened the balance sheet, while higher retained earnings boosted total equity.

    Irradiation Solutions Inc., the Company’s wholly owned subsidiary, continued full commercial operations of its Tanay E-Beam Facility, securing growing business from medical device, pharmaceutical, and food manufacturers.

    In the energy segment, ABC Energy in October announced a planned P2.4-billion investment for a 40 percent stake in Alternergy’s Tanay and Alabat wind projects, both targeted for commercial operations by early 2026 pending regulatory approvals.

    Armed with solid fundamentals and a robust project pipeline, A Brown said it is positioned to accelerate growth through 2026 and beyond.

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