AEV first-half earnings surged 63% to P13.6B

MANILA, Philippines — Aboitiz Equity Ventures Inc. (AEV) posted a sharp increase in first-half earnings as its energy, banking, food and infrastructure businesses delivered strong results, helping offset broader economic challenges while supporting the conglomerate’s long-term expansion plans. The conglomerate said on Thursday that its consolidated net income climbed 63 percent to P13.6 billion in