LISTED Aboitiz Equity Ventures Inc. (AEV), the investment holding company of the Aboitiz Group, said Wednesday its net income dipped by 4 percent last year due to one-time losses arising from the market revaluation of its dollar-denominated power business.

In a statement, the company said consolidated net income fell 4 percent to P17.7 billion in 2015 from P18.4 billion in 2014, resulting in earnings per share of P3.18.

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