
Meralco Posts 12% Net Income Rise to P45B
Manila Electric Co. (Meralco) reported a 12% year-on-year increase in net income to P45 billion for the first three quarters of 2026, driven primarily by stronger contributions from its power generation and retail electricity segments.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- PAGCOR Revenues Dip 23.41% in Jan.-Sept. 2026 Amidst Electronic Gaming Slump
Philippine Amusement and Gaming Corporation (PAGCOR) reported a 23.41% year-on-year decline in revenues for January-September 2026, totaling P64.41 billion. The slump was primarily attributed to weaker earnings from electronic gaming operations. Net income also saw a significant decrease.
- GCash Hints at Keeping P10 Bank Transfer Fee Amid Ongoing Regulator Talks
Philippine e-wallet giant GCash has indicated it may continue to charge a P10 fee for bank transfers. Talks with the Bangko Sentral ng Pilipinas (BSP) regarding fees are ongoing, with GCash emphasizing its diverse revenue streams beyond transfer charges.
- Mandaluyong Court Dismisses Contempt Case Against Lopez Majority Bloc
The Mandaluyong Regional Trial Court has dismissed a petition to hold several members of the Lopez majority bloc in indirect contempt for alleged violations of a temporary restraining order related to the family's controversial feud. This ruling provides a temporary resolution to ongoing legal battles.
- MGEN Renewables Pursues P4.98-B Asset Deal for Expansion
MGEN Renewables Inc. (MGENR), formerly SP New Energy Corp., is moving forward with its planned secondary public offering after its board approved a P4.98-billion asset deal, signaling an expansion beyond its current large-scale solar operations.