Stronger RE output boosts ACEN’s 9-mo income

MANILA, Philippines — Listed renewable energy firm ACEN Corp. reported an 84 percent surge in January-to-September earnings, driven by higher electricity generation. The company, backed by the Ayala Group, said its net income attributable to equity holders of the parent firm reached P3.3 billion, up from P1.8 billion in the same period last year. READ: ACEN