ACEN’s first-quarter profit jumped 50% to P2.9B

MANILA, Philippines – ACEN Corp. posted strong 50-percent profit growth in the first quarter, boosted by one-off gains and the activation of additional renewable facilities. The renewable energy producer reported on Tuesday that its consolidated net income climbed to P2.9 billion from the P1.9 billion a year earlier. READ: ACEN earnings down 60% on softer