Citicore Renewable Energy's Net Income Soars 28% in Q3

MT Newswires Live

2025/11/17

Citicore Renewable Energy (PSE:CREC) said its net income in the third quarter jumped 28% to 966 million Philippine pesos from a year ago.

Revenue jumped 13% to 3.8 billion pesos from 3.4 billion pesos a year earlier, according to a Monday Philippine bourse filing.

The company attributed the higher revenue mainly to a 14% increase in electricity sales, the filing said.

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