ABOITIZ Power Corp. recorded a net income of P18.4 billion for the first nine months of 2012, a 13 percent increase compared to the P16.2 billion recorded during the same period in 2011.The revaluation of group-wide dollar-denominated loans and placements resulted in a non-recurring gain of P1.2 billion. In addition, AboitizPower logged P668 million one-off losses during the nine-month period. With these adjustments, AboitizPower's core net income as of Sept. 30 amounted to P17.9 billion, up by 15 percent year-on-year.In the third quarter of 2012, AboitizPower's net income was P6. ...
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