L-R: Mel Angelie Bacal, First Gen customer progress partner; Celestine Trinidad, First Gen customer experience head; Chloe Kayanan, First Gen customer progress partner lead; Arlene Soriano, First Gen VP and head of sales and marketing; Samuel Chioson, CEO of CDC and president of FLB Industries Inc.; Bernard Chioson, CDC COO; Charmaine Ngo, CDC VP; and Francheska Chioson and Katrina Chioson, FLB Prime Holdings executivesLopez Holdings Corporation investee First Philippine Holdings Corporation (FPH) posted a 20% increase in net income attributable to equity holders of the parent to P4.961 billion from P4.136 billion in 1Q2024. Sale of electricity accounted for 82% and 85% of FPH revenues in 1Q2025 and 1Q2024, respectively. Its real estate business was lifted by Rockwell Land Corporation’s higher sales bookings while sale of merchandise also saw an upswing in the volume of electrical transformers sold.

Investee ABS-CBN Corporation reported a net loss of P500 million, which is 50% lower/higher than the net loss of P994 million in 1Q2024. It reported unaudited revenues of P4.231 billion, 4% higher than P4.080 billion in the same quarter last year.