Meralco
Meralco is the largest private sector electric distribution utility company in the Philippines covering 36 cities and 75 municipalities.
See below for the Latest Meralco News, Analysis, Profit Results, Share Price Information, and Commentary.
Philippines’ Meralco posts 20% net income growth in first nine months
Philippines’ Meralco posts 20% net income growth in first nine months
Its reported net income stood at P19.8b (US$341m).
Philippines’ Meralco core income climbs 15% in first half
The company recorded a net income of P12.1b during the period.
Higher generation costs push Philippine April rates up
Meralco reported the overall rate for a household went up to P10.18 per kWh from P9.64.
Philippines’ Meralco net income climbs 13% in 2021
This was driven by energy sales volumes that nearly hit its pre-pandemic levels.
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The firm achieved recognition for initiatives addressing critical water access in Bali, reforestation in West Java, and sustainable supply systems in East Java.
