Alsons Consolidated Resources Inc. (ACR) of the Alcantara Group on Friday said its net income increased by more than half in the first three quarters of the year, on the back of the strong performance of its power generation and power plant management subsidiaries.

In a disclosure to the Philippine Stock Exchange, ACR reported a 52-percent rise in net income attributable to the parent to P363.3 million in January to September 2013, from P239.6 million in the same period for 2012.

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