Meralco Q1 income 19% higher at P9.6B

By Ed Paolo Salting

Apr 30, 2024 12:25 am

MANILA Electric Co. (Meralco) has posted strong first-quarter results and expects consolidated core net income to exceed P40 billion this year.

The power firm on Monday reported that net income for the January-March period was 19 percent higher at P9.60 billion, from P8.07 billion a year earlier, following significant contributions from its business units.

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