March 3, 2018

EDC says net profit reached P8.8b in 2017

By Alena Mae S. Flores – March 01, 2018 at 08:50 pm from manilastandard.net Energy Development Corp., the country’s largest geothermal and wind energy company, posted a recurring net income attributable to equity holders of the parent of P8.8 billion […]
March 2, 2018

Robust GDP growth outpaces new power capacity additions

By Myrna M. Velasco – 01 March 2018 from Manila Bulletin Faster-than-anticipated growths in some segments of the economy, as measured by Gross Domestic Product (GDP) have been outstripping capacity additions in the country’s electricity supply, according to the country’s […]
March 2, 2018

Lopez’s EDC blames disasters for drop in recurring income

By Lenie Lectura – March 1, 2018 from Business Mirror LOPEZ-led Energy Development Corp. (EDC) on Thursday reported a decline in its recurring income and revenues last year, as operations were mainly affected by earthquake and typhoon. The country’s largest geothermal- and […]
March 2, 2018

Phinma Energy’s bottom line plunges to 75%

By Lenie Lectura – March 1, 2018 from Business Mirror PHINMA Energy Corp.’s net income plunged 75 percent to P347 million last year, from P1.383 billion in 2016. In its disclosure to the Philippine Stock Exchange, Phinma Energy said the […]