Meralco unit raising PHP 40 billion

15 Dec

Manila Electric Company (MER) is likely to achieve its consolidated core net income target of PHP 17.8 billion for the year due to strong revenues despite some weather disturbances in the third quarter of the year.

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The core net income target is roughly 4.6% higher than the previous year’s PHP 17 billion.

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Posted by on December 15, 2014 in Corporate News, MER, Stock Market


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