Alsons Consolidated Resources, Inc. (ACR), a company listed on the Philippine Stock Exchange, reported strong financial results for the first quarter of 2026, according to their press statement filed on May 14, 2026.
What Did ACR Earn?
Think of net income as the money a company gets to keep after paying all its bills. ACR’s net income grew by 15% to Php543 million in the first three months of 2026, compared to Php472 million during the same period last year. This means the company made more profit this year than before.
Even more impressive, the net income that goes specifically to ACR’s parent company jumped by 64% to Php223 million, up from Php137 million in the first quarter of 2025.
How Much Money Did They Make Overall?
ACR’s total revenues (the total money coming into the company before expenses) increased by 12% to Php3.36 billion from Php2.99 billion. According to the company, this growth came mainly from strong demand for electricity in Mindanao.
What Does ACR Do?
Alsons Consolidated Resources is the listed company of the Alcantara Group. Their main business is providing electricity to communities. Their biggest money-maker is Sarangani Energy Corporation, which generates power for Mindanao.
The company also earns from its Retail Electricity Supply unit, which currently provides 118 megawatts (MW) of electricity to customers. They also participate in the Wholesale Electricity Spot Market, where electricity is bought and sold.
What’s Happening With the Company?
Roberto P. Ramos, ACR’s Chief Finance Officer, explained that despite global economic challenges and tensions around the world, the company remains committed to providing reliable power to communities. He emphasized that ACR is focusing on reliable operations, careful execution, and smart cost management to continue delivering value.
The company is also working on two large solar energy projects in Mindanao, which will add more renewable energy capacity to their portfolio. This means ACR is expanding its ability to generate electricity from the sun, which is a cleaner source of power.
About ACR Stock
Alsons Consolidated Resources trades under the stock symbol “ACR” on the Philippine Stock Exchange. The company has 6,291,500,000 common shares outstanding with a par value of P1.00 per share.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.
