Q1 2025 Aboitiz Power Corp Earnings Call Transcript
Good afternoon. Welcome to Aboitiz Powers earnings results briefing for the first quarter of 2025. My name is Jacqui De Jesus and I will be your moderator for today's call. (Operator Instructions) This briefing will be recorded. By joining this session, you will consent to your name, voice, image, and chat call being recorded for use and dissemination.
Our CFO, Sandro Aboitiz will present the earnings results of Aboitiz Power. After the presentation, we will open the floor for Q&A. Sandro, you have the floor.
Thank you very much, Jacqui, and welcome to all of the participants of today's briefing. Okay, so EBITDA though for the first quarter of 2025, it was PHP15 billion. That was an 8% decrease compared to the same period last year. Well, new contributions from Chromite Gas Holdings and La Cayanga and [energy gas] solar plants positively impacted earnings. This growth was offset by lower spot market prices and reduced
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