Thursday, May 10, 2007

Aboitiz Ventures (AEV) Q1 up 68%

Aboitiz Equity Ventures Q1 net profit up 68% yr-on-yr

MANILA, Philippines--Aboitiz Equity Ventures Inc's (AEV) first quarter to March net profit jumped 68 percent from a year earlier to 1.08 billion pesos, boosted by earnings of units Union Bank of the Philippines and City Savings Bank, the conglomerate said.

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