MERALCO Consolidated Core Net Income for 9M2013 Up 5% to PhP13.6B

Manila—(PHStocks)—Manila Electric Co. (MERALCO, PSE: MER) has announced that its unaudited consolidated Core Net Income, which excludes one-time, exceptional charges, for the nine months ended 30 September 2013 amounted to PhP13.6 billion. Consolidated Reported Net Income also stood at PhP13.6 billion. The volume of energy sold during the first nine months of 2013 reflected a 5% growth despite a major weather disturbance […]
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