ABOITIZ Power Corp. (AboitizPower) announced on Friday that its consolidated net income for the first quarter of 2016 went up by 15 percent to P5 billion, while core net income rose 10 percent to P4.8 billion from P4.3 billion in the same period last year.

“Our performance in this year’s first quarter reflects the strength of our right-mix strategy with our portfolio of renewable and non-renewable energy sources,” AboitizPower president and chief operating officer Antonio Moraza said.

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