Aboitiz Equity Ventures (AEV) gained strong momentum in the third quarter of 2025, reporting a consolidated net income of PHP8.9 billion — a 71% increase from the previous quarter. This improvement was driven by stronger performance across most of its business units, underscoring the group’s resilience and continued progress toward becoming the Philippines’ first techglomerate — a future-ready conglomerate powered by innovation, sustainability, and collaboration.
For the first nine months of 2025, AEV posted a net income of PHP17.3 billion, lower than PHP18.8 billion during the same period last year, as the strong third quarter helped offset a softer first half. The rebound highlights the company’s ability to adapt to market conditions while maintaining focus on long-term growth and transformation.
“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, which accounts for PHP12.5 billion of AEV’s earnings in the first nine months of 2025, benefitted from higher generation margins, better hydro inflows, and new solar capacity from projects in Laoag, Armenia, and Calatrava and continues to be the Group’s largest contributor. The Food and Beverage segment followed with PHP5.2 billion, up 25% year-on-year, reflecting stronger results from AboitizFoods’ flour, farms, and trading businesses, as well as full nine-month contributions from Coca-Cola Europacific Aboitiz Philippines.
UnionBank contributed PHP3.2 billion to AEV’s earnings, lower year on year, as the bank’s improved net interest margins and higher fee-based income were offset by one-time write-offs and other credit costs. Aboitiz Land reported PHP879 million in income, up 69%, fueled by asset monetization gains. Aboitiz InfraCapital also returned to profitability with PHP137 million in income, supported by growth in economic estates, airport operations, digital infrastructure, and the ramp-up of Apo Agua.
As of September 30, 2025, AEV’s total assets reached PHP971.1 billion, 9% higher than the previous year-end, while cash and cash equivalents stood at PHP90.8 billion. The group maintained a healthy 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.
