LISTED Alsons Consolidated Resources, Inc. (ACR) reported consolidated net income of P274.48 million for the first nine months of the year, up 15.2 percent from a year ago, driven by robust revenue growth of its coal-fired power plant in Sarangani.

“For the nine-month period ended September 30, 2017, Sarangani Energy Corporation’s [SEC] Section 1 continue[s] to be the main revenue driver of the Company, contributing P3.1 billion in revenues,” the company told the stock exchange.

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