Alsons Consolidated Resources Inc., the power generation arm of the Alcantara Group, posted a 31 percent increase in net income for the first half of the year, driven by elevated electricity demand, an extended dry season, and expanded retail sales.

In a disclosure to the Philippine Stock Exchange on Friday, Aug. 14, Alsons reported that net income rose to ₱1.7 billion in January to June from ₱1.3 billion in the same period a year earlier.

Growth was anchored by higher energy delivery volumes across its generation portfolio and sustained expansion in its retail electricity sales business.

Earnings accelerated sharply during the second quarter, with net income surging 270 percent to ₱321 million from ₱86 million in the same quarter of 2025.

“In an environment of high power demand, economic challenges, and the effects of natural calamities putting facilities offline, our priority was to keep our plants available and continue delivering reliable electricity to our customers when they needed it most,” Joaquin Ramos, chief finance officer of Alsons Consolidated, said.

The energy provider attributed its financial gains to higher generation dispatch, operational efficiency improvements, and strict cost controls. Commercial momentum within its retail electricity unit also helped mitigate broader macroeconomic pressures and global energy market volatility.

“Our first-half performance demonstrates our ability to deliver on our commitments, even under challenging conditions,” Ramos said. 
“As we navigate the challenges and expand our presence in the electricity market, we remain true to providing dependable power to our customers while positioning the company for sustainable long-term growth,” he added. (Gabriell Christel Galang)