Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Meralco Publishes Nine-Month 2026 Financial and Operational Performance Report

Meralco Publishes Nine-Month 2026 Financial and Operational Performance Report

BitgetBitget2026/10/28 08:56
  • Meralco's power-generation core earnings rose 24% to PHP 18.2 billion in the nine months ended September 30, 2026.
  • Distribution utility core earnings contributed PHP 20.1 billion, representing 45% of consolidated core earnings.
  • Distribution electricity sales increased 1% to 41,054 GWh.
  • Power-generation sales reached 21,419 GWh; retail electricity supply sales totaled 5,914 GWh.
  • New distribution rates take effect in November 2026, with the first regulatory period's average tariff set at PHP 1.50/kWh.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meralco - Manila Electric Company published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks

Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.

智通财经•2026/11/10 05:57