Alcantara-led Alsons Consolidated Resources Inc. (ACR) announced that its net income slightly went down during the first three months of this year. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, May 16, ACR said it recorded a ₱472-million net income in the first quarter of...
Alcantara-led Alsons Consolidated Resources (ACR) reported an increase of over a tenth in its net income for 2024 due to high power demand, prices in the Wholesale Electricity Spot Market (WESM), and its entry into the retail electricity supply (RES) market. In a disclosure to the Philippine Stock...
With leaner aggregate revenues logged in the six-month stretch, the net income of Alsons Consolidated Resources Inc. (ACR) in the first half had declined by roughly 10% to P1.06 billion from the year-ago level of P1.17 billion. If reckoned solely on second quarter performance, the company’s...
Due to one-time recognition of incurred expenses, the net income of Alcantara-led Alsons Consolidated Resources Inc. (ACR) had slowed down to P689 million in this year’s first half, roughly 21-percent drop from P871 million in the same period last year. Within the second quarter alone, the...
Alsons Power of the Alcantara group has inked an omnibus loan and security agreement (OLSA) with the Development Bank of the Philippines (DBP) for the P3.3 billion credit facility that will bankroll its Siguil hydropower project in Sarangani province. The facility, which is of 14.5-megawatt...
Owing to higher sales from its power generating assets, the net income of Alcantara-led Alsons Consolidated Resources Inc. (ACR) went up 24-percent to P405 million last year from a leaner P325 million in 2020. The company’s consolidated revenues likewise climbed by a modest 6 percent to P10.05...
Alcantara-led Alsons Consolidated Resources Inc. (ACR) cornered a credit rating upgrade by Philippine Rating Services Corporation (PhilRatings) for its P3.0 billion commercial papers (CP) issuance. The credit rating improvement to PRS Aa minus (corp), according to PhilRatings, was largely credited...
Alcantara-led Alsons Consolidated Resources Inc. (ACR) posted a net income of P1.14 billion in the first nine months of this year, up 17 percent from P949 million same period in 2020. While the company is on its way to a post-pandemic recovery, it noted however that core earnings had been slightly...
Alcantara-led Alsons Consolidated Resources Inc. (ACR) has listed with the Philippine Dealing and Exchange Corporation (PDEx) the P600 million second tranche of its commercial papers (CP) issuance. That portion of the CP offer is part of the P3.0 billion CP program that the company had registered...
Foreigners registered with the Bureau of Immigration (BI) will soon be able to enter and exit the country easier with the upcoming integration of the agency's automated travel control system at the ports with its database of issued alien certification of registration identity cards (ACR I-Cards)....
The Bureau of Immigration (BI) said foreigners who are holders of immigrant or permanent resident visas but whose alien certificate of registration identity cards (ACR I-Card) have expired can still enter the country for as long as they have valid reentry permits (RPs). BI Commissioner Jaime...
Alcantara-led Alsons Consolidated Resources Inc. (ACR) has listed the P1.4 billion first tranche of its commercial papers (CP) issuance with the Philippine Dealing and Exchange Corporation (PDEx), the company announced on Friday. That fraction of the issuance will be the initial part of the P3.0...