MPIC core income up 20% to P12.3B

By Faye Almazan

Mar 10, 2022 12:10 am

THE core income of Pangilinan's Metro Pacific Investments Corp. (MPIC) improved last year amid more toll road traffic and higher volume of electricity sold by Meralco.

In a disclosure on Wednesday, the conglomerate said its core net income increased by 20 percent to P12.3 billion in 2021 from P10.2 billion in 2020.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

ALI: AREIT stake sale to fund land purchases

Share swap to fund FLI projects

ACEN JV buys stake in Bangladesh project

Filinvest Land: Share swap with REIT oversubscribed

Penshoppe names Alice Liu new CEO

Global Dominion: Simplifying financing to empower every Filipino

Ayala Land raises P2.8B from sale of AREIT shares