CREC Q2 income more than doubles as new solar farms come online

CITICORE Renewable Energy Corp. (CREC) said its net income more than doubled to P754.95 million in the second quarter (Q2) from P305.47 million a year earlier, driven by newly energized solar farms. Revenues for the three months ended June rose by 29.4% to P1.63 billion, according to the company’s financial report released on Monday. CREC […]