Manila Electric Co, MERVF:PKL profile

Price (USD)--
Today's Change--
Shares traded2.75k
1 Year change--
Beta--

Data delayed at least 15 minutes, as of Nov 11 2024 13:18 GMT.

More ▼

Add to Your Portfolio

Name

Currency

Profile data is unavailable for this security.

About the company

Manila Electric Co. is an electric distribution utility company in the Philippines covering 39 cities and 72 municipalities. The Company operates through two segments: Power and Other Services. The Power segment consists of electricity distribution, power generation and rental electricity services (RES). Electricity distribution includes electricity distribution and supply of power on a pass-through basis covering all captive customers in the MERALCO and the Clark Electric franchise areas in Luzon. The other services segment is involved principally in electricity-related services, such as, electro-mechanical engineering, construction, consulting and related manpower services, e-transaction and bills collection, telecommunications services, rail-related operations and maintenance services, insurance and re-insurance, e-business development, power distribution management, energy systems management and harnessing renewable energy, construction, and leasing of communication towers.

Revenue in PHP (TTM)463.80bn
Net income in PHP43.38bn
Incorporated1919
Employees5.97k

Location
Manila Electric CoLopez Building, Ortigas AvenuePASIG 0300PhilippinesPHL
Phone+63 6315567
Fax+63 6328126
Websitehttps://www.meralco.com.ph/

More ▼

Income statement (PHP)

Year on year Manila Electric Co grew revenues 4.01% from 426.53bn to 443.61bn. In addition the company has reduced the cost of goods sold as a percent of sales, selling, general and administrative expenses as a percent of sales and interest paid as a percent of sales. These improvements contributed to 33.74% net income growth from 28.43bn to 38.02bn.

Explore our tools

Growth CalculatorBETA
Explore the time value of money, the impact of regular contributions, and the power of saving over longer timeframes
Alerts
Create detailed alerts and get notified the moment an event happens
Watchlists
Monitor a select list of assets
Are you sure you want to cancel?
Portfolio
See how trades would have performed from years past or start from the present
Data archive
Download PDF copies of reports from the newspaper markets data page
World markets
View the performance of global markets and browse news items by region
Equities screener
Find companies based on country, sector, and other equity characteristics
Funds overview
View funds that move the market, screen for funds and read relevant news

Data Provided by LSEG

All markets data located on FT.com is subject to the FT Terms & Conditions

All content on FT.com is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.

Any information that you receive via FT.com is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.

Manila Electric Co

Select symbol

Manila Electric Co

ApplyActions

Your alerts

About the company