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Aboitiz Equity Ventures Inc reported a 2% rise in its net profit in the fourth quarter.
Aboitiz Equity Ventures' quarterly net profit rose to PHP5.1 billion. However, net profit for the full year dropped 3% to PHP21.2 billion, from PHP21.9 billion, in the year-ago period.
Aboitiz Equity Ventures incurred a PHP157 million one-time charge in the quarter.
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