Aboitiz Power Corporation (ABZPY)

USD 11.61

(0.0%)

Market Cap (In USD)

4.53 Billion

Revenue (In USD)

206.38 Billion

Net Income (In USD)

33.1 Billion

Avg. Volume

7.00

Currency
USD
Country
Utilities
Open
-
Prev. Close
-
Day Range
-
Year Range
11.56-14.0
PE
-
EPS
-
Beta Value
0.264
ISIN
US0037301084
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Utilities
Industry
Regulated Electric
CEO
Mr. Danel C. Aboitiz
Employee Count
-
Website
https://www.aboitizpower.com
Ipo Date
2014-08-19
Details
Aboitiz Power Corporation, through its subsidiaries, engages in the power generation, distribution, and retail electricity businesses in the Philippines. It operates hydropower, geothermal, solar, coal, and oil power plants. The company sells its electricity through power supply contracts, ancillary service procurement agreements, and trading in the wholesale electricity spot market. It also distributes electricity to the industrial, residential, commercial, and other customers; and provides electricity-related services, such as installation of electrical equipment through nine distribution utilities that supply electricity to franchise areas covering 18 cities and municipalities and five economic zones in Luzon, Visayas, and Mindanao. In addition, the company is involved in the retail of electricity to various industries, including property development, meat processing, semiconductors, steel, and cement. As of February 28, 2022, it owned 5,332 megawatts of net sellable capacity. The company was incorporated in 1998 and is headquartered in Taguig City, the Philippines. Aboitiz Power Corporation is a subsidiary of Aboitiz Equity Ventures, Inc.