Edition:
United States

Manila Electric Co (MER.PS)

MER.PS on Philippine Stock Exchange

280.00PHP
27 Apr 2017
Change (% chg)

Php-3.00 (-1.06%)
Prev Close
Php283.00
Open
Php283.20
Day's High
Php284.00
Day's Low
Php280.00
Volume
214,620
Avg. Vol
253,018
52-wk High
Php350.00
52-wk Low
Php255.20

Latest Key Developments (Source: Significant Developments)

Manila electric says Q1 net income up 6 percent y/y
Monday, 24 Apr 2017 02:00am EDT 

April 24 (Reuters) - Manila Electric :Q1 net income rose 6 pct from the same period last year, to 4.82 billion pesos .Further company coverage: MER.PS.  Full Article

Manila Electric Co says FY net income 19.18 billion Pesos
Sunday, 16 Apr 2017 11:53pm EDT 

April 17 (Reuters) - Manila Electric Co ::FY gross revenue 257.18 billion pesos versus 258.40 billion pesos.FY net income attributable to parent equity holder 19.18 billion pesos versus 19.10 billion pesos.  Full Article

Manila Electric declares of a final regular cash dividend
Monday, 27 Feb 2017 07:02pm EST 

Manila Electric Co : Declaration of a final regular cash dividend of pesos 9.30 per share to all shareholders .Final regular cash dividend consists of final regular cash dividend of pesos 4.08 per share and special cash dividend of pesos 5.22 per share.  Full Article

Manila Electric declares of a final regular cash dividend
Monday, 27 Feb 2017 06:51pm EST 

Manila Electric Co : Declaration of a final regular cash dividend of pesos 9.30 per share to all shareholders .Final regular cash dividend consists of final regular cash dividend of pesos 4.08 per share and special cash dividend of pesos 5.22 per share.  Full Article

Manila Electric clarifies on news article
Thursday, 19 Jan 2017 12:44am EST 

Manila Electric Co : Refers to news article 'MPIC sets p60 b capex this year' in philstar.com on Jan 19 .confirms statement with respect to 15 billion pesos capital expenditure of co for year, clarifies capex is subject to approval of energy regulatory commission.  Full Article

Manila Electric clarifies on news related to sales forecast
Tuesday, 3 Jan 2017 02:08am EST 

Manila Electric Co : refers to article titled "meralco sees sales rising 3.5%" manila standard (internet edition) on jan 1 .confirm statement attributed to senior vp alfredo panlilio, with clarification that forecasted sales this year is only indicative.  Full Article

Manila Electric clarifies on news article in Businessmirror (internet edition) on Dec 21
Thursday, 22 Dec 2016 02:02am EST 

Manila Electric Co : Actual percentage of growth on sales volume will be disclosed properly in the company’s financial and operating results . Article reported that meralco energy sales volume expected to grow 8.1% by year-end to over 40,000 gwh . Clarification of news article in businessmirror (internet edition) on dec 21 .Confirm statement attributed to senior vice president alfredo panlilio, that forecasted sales volume for end of year is only indicative.  Full Article

Manila electric signs a JV with Blue Energy Holdings
Tuesday, 11 Oct 2016 10:24pm EDT 

Manila Electric Co : Signs a joint venture agreement and shareholders’ agreement with Blue Energy Holdings and Management Corp. . Companies will jointly pursue and undertake the development of various hydroelectric power projects .JVC to be incorporated by the parties in the total amount PHP 3.1 Million.  Full Article

Manila Electric clarifies on news article about July electricity sales volume
Wednesday, 24 Aug 2016 01:43am EDT 

Manila Electric Co : Announcement refers to article "meralco reports 7-percent year-on-year jump on electricity sales volume in July" in business mirror on August 24 . Confirm statement attributed to president & CEO, oscar reyes, with clarification that forecasted sales volume for 2nd half of year is only indicative .  Full Article

Manila Electric Co says qtrly operating revenue 66.92 billion pesos vs 69.22 billion pesos
Monday, 15 Aug 2016 05:11am EDT 

Manila Electric Co : Qtrly operating revenue 66.92 billion pesos versus 69.22 billion pesos . Qtrly net income attributable to parent equity holder 6.22 billion pesos versus 7.33 billion pesos .  Full Article

More From Around the Web