October 29, 2024

Meralco to overshoot CCNI target for this year–exec

By Lenie Lectura – October 29, 2024 from Business Mirror The Manila Electric Co. (Meralco) expects to exceed its target consolidated core net income (CCNI) of P43 billion this year, following its strong performance in January to September. During a […]
September 3, 2024

Rains fail to dampen power sales of Meralco in August

By Lenie Lectura – September 2, 2024 from Business Mirror The Manila Electric Co. (Meralco) saw its energy sales volume rise by nearly 8 percent year-on-year in August, a company official said over the weekend. Initial figures showed that the […]
November 7, 2023

Meralco’s core net income jumped 53% to P30b in first three quarters

By Alena Mae S. Flores – November 6, 2023, 9:25 pm from manilastandard.net Power retailer Manila Electric Co. (Meralco) said Monday it expects full-year consolidated core net income (CCNI) to reach P37 billion. The company said its CCNI jumped 53 […]
October 26, 2021

Meralco expects core profit to improve despite costly oil

BY LENIE LECTURA – OCTOBER 25, 2021 from Business Mirror   The Manila Electric Co.’s (Meralco) improved financial performance in the January-to-September period will allow the utility firm to surpass its core profit last year. Meralco Chairman Manuel V. Pangilinan […]