LOPEZ-LED Energy Development Corp. (EDC) announced on Thursday that its consolidated revenues topped P34.4 billion in 2015, up by 11 percent from the previous year driven by higher energy sales.
However, EDC reported a 4.0 percent drop in consolidated recurring net income attributable to equity holders of the parent of P8.8 billion from the P9.2 billion posted in the previous year, due to higher operating expenditures.
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