AEV: VECO to post growth in 2016

Aboitiz Equity Ventures, Inc. (AEV) expects its subsidiary, Visayan Electric Co., Inc. (VECO), to post a 5.3% sales growth this year because of the “robust growth in the economy” and other factors including increased electricity consumption amid the extended warm weather.  VECO, the country’s second-largest privately owned distribution utility, is undertaking various expansion projects this year, including underground cabling in Cebu City.  Read more here.

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