A subtle shift occurred within AboitizPower’s financial landscape in 2025, revealing a 1.7% dip in core earnings to P33.1 billion. This adjustment stemmed largely from the financial weight of depreciation and interest related to GNPower Dinginin Ltd. Co. (GNPD), a recent addition to their portfolio.
However, beneath the surface, a different story unfolded. Stripping away the impact of GNPD, AboitizPower’s underlying performance actually showed a 2% increase in earnings, hinting at robust operational strength. This suggests a core business thriving despite external financial pressures.
The overall net income picture presented a more significant contrast, falling 43% year-on-year to P19.5 billion. This substantial decrease was primarily attributed to a one-time loss of P13.9 billion incurred during the acquisition of GNPower Mariveles Energy Center Ltd., a strategic move with immediate, yet temporary, financial consequences.
Despite these financial adjustments, demand for power surged. The company’s generation and retail supply division experienced a remarkable 21% jump in energy sales, reaching 43,718 gigawatt-hours (GWh). This surge in demand underscored the critical role AboitizPower plays in fueling the nation’s growth.
This increased energy throughput translated directly into improved operational performance. Earnings before interest, taxes, depreciation, and amortization (EBITDA) climbed 11% year-on-year, reaching P73.7 billion – a clear indicator of the company’s ability to generate cash from its core operations.
The impact extended to local distribution networks as well. Energy sales through AboitizPower’s distribution business rose by 4% to 6,927 GWh, demonstrating consistent growth across all segments. Excluding one-off items, EBITDA from this segment also saw a healthy 2% increase, reaching P8.9 billion.
As of July 2025, AboitizPower firmly maintains its position as the Philippines’ leading power producer. Holding a substantial 23.86% market share within the national grid, as confirmed by the Energy Regulatory Commission, the company continues to be a dominant force in the country’s energy sector.
