Buoyed by pandemic recovery-underpinned energy sales and its Singapore power asset, the consolidated core income of power utility giant Manila Electric Company (Meralco) climbed by 10-percent to P 27.105 billion in 2022 from P24.6 billion in the prior year.
For the company’s reported income, this
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The core net income of power utility giant Manila Electric Company (Meralco) went up by 13 percent to P24.608 billion last year compared to the leaner P21.711 billion in 2020 due to robust energy sales. On the distribution firm’s reported net income, this climbed significantly by 44 percent to
The core net income of power utility giant Manila Electric Company (Meralco) climbed by 15-percent to P18.062 billion in the nine-month period from P15.727 billion in the same period last year with the return of demand from the industrial sector. The company also reported that its net income sur