Cebu-based listed company Vivant Corp. is strategically positioning itself to withstand potential external shocks, including escalating geopolitical tensions in the Middle East, as it builds a more resilient and diversified portfolio. This move comes on the heels of robust earnings growth reported for the year 2025, underscoring the firm's proactive approach to navigating global uncertainties.
Earnings Growth and Strategic Diversification
Vivant Corp. announced a significant 21 percent increase in consolidated core net income (CCNI), reaching P2.7 billion in 2025. This growth was primarily fueled by the company's power generation segment, which served as the main profit driver. Including non-core items, net income attributable to equity holders also saw a 15 percent year-on-year rise to P2.7 billion. The energy business contributed a substantial P3.4 billion, with generation alone accounting for P2.5 billion, representing 73 percent of total energy profits. Strong Reserve Market gains, which more than doubled revenues, supported this growth, driven by increased participation from Vivant's conventional plants.
Segment Performance Analysis
The company's distribution utility investment in Visayan Electric Company contributed P1.1 billion, though this marked a 13 percent decline due to a one-time regulatory refund and losses incurred from typhoon Tinio, which offset higher sales volumes. In contrast, Vivant's retail electricity arm, Corenergy, experienced an 18 percent increase in volumes but recorded a P160-million loss, attributed to elevated power costs throughout the year. On a positive note, the water business turned profitable, contributing P218 million—a reversal from a loss in 2024—as early gains from desalination and wastewater projects began to materialize.
Building Resilience Through Diversification
Vivant Corp. emphasized that its diversification strategy is crucial for weathering global uncertainties, particularly as energy markets face volatility from geopolitical tensions. The company has expanded into renewables, securing a stake in a solar facility in Bataan and new projects, including a 17.5-megawatt solar project in Bohol slated for delivery by 2028. Additionally, Vivant is strengthening its presence in water infrastructure, focusing on desalination and wastewater treatment, which are viewed as stable and long-term revenue streams. In retail electricity, the firm is preparing for the expansion of the contestable market in 2026 by upgrading its platform and enhancing customer offerings.
Outlook and Future Commitments
Despite the uncertain global backdrop, Vivant remains optimistic about achieving its 2030 targets. Company chief executive officer Arlo G. Sarmiento highlighted the firm's commitment to aspirational goals, noting that ongoing investments and operational improvements are designed to cushion the company from external shocks while sustaining growth. He stated, "In light of recent geopolitical developments in the Middle East, we have been strengthening our systems and processes to prepare for existing and potential headwinds," acknowledging risks that could impact fuel prices, supply chains, and overall energy market volatility.
