Cebu-based Vivant Corp. reported a 21 percent surge in profit as robust earnings from its power generation portfolio and oil-fired plants offset higher costs in its retail segment and storm-related losses at its flagship utility.

In a disclosure to the Philippine Stock Exchange on Friday, March 27, the Cebu-based energy and water conglomerate said that consolidated core net income rose to ₱2.7 billion in 2025 from ₱2.3 billion a year earlier.

The growth was primarily driven by the performance of its power generation assets, which contributed ₱2.5 billion to the group’s bottom line. Vivant Energy, the company’s primary power subsidiary, saw its total income contribution reach ₱3.4 billion for the year.

Arlo Sarmiento, Vivant chief executive officer, attributed the financial momentum to gains across the firm’s distribution and generation business units, noting that oil plants played a particularly significant role in the year’s success.

The company’s total plant portfolio produced 4,441 gigawatt-hours in 2025, while off-grid assets delivered 270 gigawatt-hours to consumers. Despite these operational milestones, overall energy volumes across the group saw a 11 percent decline during the period.

The company’s push into renewable energy provided a significant boost to the full-year results. Samal Solar Renewable Energy Corp., which operates a 49.2-megawatt solar project in Bataan, contributed ₱3 billion to the company’s financial performance. This renewable output helped balance the volatility in other segments, such as the retail energy business, which booked a ₱160 million loss due to the rising cost of power.

Performance at Visayan Electric, the group’s main distribution utility, remained under pressure. Its net income contribution fell 13 percent to ₱1.1 billion, a decline the company attributed to one-time consumer refunds and infrastructure damage caused by Typhoon Tinio. While the distribution unit’s overall share of the company stood at ₱1.1 billion, these non-recurring headwinds masked underlying operational stability.

Vivant is also beginning to see returns from its long-term investments in water infrastructure. The water division contributed ₱218 million to the group as its desalination venture between Vivant Hydrocore Holdings Inc. and the Metropolitan Cebu Water District began supplying potable water to Metro Cebu. Sarmiento noted that the water unit is transitioning from a capital-intensive investment phase into a revenue-generating one as its various concessions mature.

Additionally, Faith Lived Out Visions 2 Ventures Holdings Inc., the group’s wastewater treatment arm, provided a steady ₱10 million contribution. The unit treated a total of 816 million liters of wastewater throughout 2025, marking progress in the company’s environmental services expansion. (Gabriell Christel Galang)