Aboitiz Equity Ventures Inc. - ADR (ABTZY)

Overview

Aboitiz Equity Ventures, Inc., a prominent conglomerate based in the Philippines, operates through its diversified subsidiaries across multiple sectors, including power, banking and financial services, food, infrastructure, land, and data science and artificial intelligence not only locally but also on an international scale. The company transitioned its name from Cebu Pan Asian Holdings, Inc. to Aboitiz Equity Ventures, Inc. in December 1993 and was originally established in 1989. With its headquarters in Taguig City, the Philippines, Aboitiz Equity Ventures has expanded its services and products to cater to a wide range of industries and markets. The company's ethos and strategic pursuits represent a combination of innovation, sustainability, and growth, aiming to contribute significantly to the sectors it operates in and to the communities it serves.

Products and Services

• Electricity Distribution and Retail - Aboitiz Equity Ventures is engaged in the distribution and retail of electricity generated from various sources, including baseload coal, geothermal, hydropower, solar, battery energy storage, and oil-based power plants, catering to the energy needs of the Philippines.
• Food Manufacturing - The company manufactures and sells hard and soft wheat, and specialty flours under several brand names like Sun Moon Star, Sunshine, Glowing Sun, Kutitap, Gold Star, Mega Star, and Wooden Spoon, along with animal nutrition and feed products for swine, poultry, rabbits, and pets. It also offers aqua feed products, operates farms, and manages feed mill plants for hogs and eggs, including wholesale of food products, beverages, and raw materials.
• Real Estate Development and Management - Aboitiz Equity Ventures engages in developing and renting real estate projects, including residential communities, integrated industrial townships, and commercial hubs. It also provides property management services, contributing significantly to the Philippine real estate market.
• Infrastructure Development - The company is involved in the development of infrastructure projects that encompass water supply, water distribution, wastewater treatment, water-related infrastructure, regional airports, communication towers, and integrated economic centers, advancing the infrastructure landscape of the Philippines.
• Manufacturing and Quarrying - Aboitiz Equity Ventures partakes in the manufacture, development, exploitation, and sale of cement, concrete, marble, and other building materials. Moreover, it is engaged in quarrying, crushing, mixing, processing, and dealing in limestone, underlining its diversification into manufacturing and raw materials.
• Aviation and Insurance Services - The company provides aviation and insurance services, highlighting its expansion into service-oriented sectors and its aim to offer diversified services to meet a wide range of consumer and business needs.