A Brown Co. Inc. Recognizes Impairments and Converts Deposits to Equity
NATURAL GAS
A Brown Co. Inc. is implementing non-cash impairment provisions on several non-core projects, including the Vires LNG venture and the East West Rail Project, to concentrate on its core operations. The company is also converting P642.2 million in deposits for future stock subscriptions in Vires Energy and Aberdi into equity, aiming for a cleaner balance sheet as it moves into 2026.

Dec 26, 2025, 8:13 AM