Mar 14, 2025 / 08:00AM GMT
Operator
Good afternoon. Welcome to the full year 2024 earnings results briefing for Aboitiz Power.
My name is Jackie DeJesus, and I will be your moderator for today's call.
(Operator Instructions)
Lastly, this briefing will be recorded. By joining this session, you consent to your name, voice, image, and comments being recorded for use and dissemination.
Our CFO, Sandro Aboitiz will present the earnings results for Aboitiz Power.
Sandro, you have the floor.
Juan Aboitiz - Aboitiz Power Corp - Chief Financial Officer, Senior Vice President, Corporate Information Officer
Thank you, Jackie, and good afternoon to everybody.
Thanks for spending the Friday afternoon with us. So we'll get right into it. For 2024, AP recorded a beneficial EBITDA of PHP73.3 billion for the whole year. That was 13% higher than 2023. This translated to a net income of PHP33.9 billion. That was 2% higher than 2023.
When you exclude the impact of GNPD's depreciation and interest, which we started recognizing in 2024, our net income
Q4 2024 Aboitiz Power Corp Earnings Call Transcript
Mar 14, 2025
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