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Manila Electric Company Company Snapshot
Business Description:
Manila Electric Company operates in the Electric services sector. Manila Electric Company (Meralco) is a Philippines-based company which principal business is the distribution and sale of electric energy through its distribution network facilities in its franchise areas Metro Manila and in six surrounding provinces. Its business are organized in three segments: the power distribution segment which is involved in the distribution and supply of electricity covering franchise areas in the Luzon region representing 54% of the requirements of the country; the real estate segment which is provided by Rockwell Land, is involved in luxury residential and commercial real estate development and leasing; and the services and others segment which is involved principally in engineering, construction and consulting services, e-transaction services and insurance and power generation. These services are provided by MIESCOR, MBI, Landbees and Miescorrail (MIESCOR Group), MEI, eMVI, RSIC, LOIL, Finserve, CIS, CIS Bayad Center and OTC (CIS Group) and MPG. In our complete report available for purchase the company is compared to: Hokuriku Electric Power Company, GD Power Development Company Limited and China Resources Power Holdings Company Ltd.
   
   
 
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Manila Electric Company
  Stock Performance Chart for Manila Electric Company
 
  Stock Data: Recent Stock Performance:
  Current Price (2/10/2012): 273.00
(Figures in Philippine Pesos)
1 Week -1.4%   13 Weeks 3.8%  
4 Weeks 12.7%   52 Weeks 25.9%  
 
Manila Electric Company Key Data:
  Ticker: MER Country: PHILIPPINES
  Exchanges: PHL Major Industry: Utilities
    Sub Industry: Electric Power Companies
  2010 Sales 245,461,000,000
(Year Ending Jan 2011).
Employees: 6,203
  Currency: Philippine Pesos Market Cap: 307,709,517,843
  Fiscal Yr Ends: December Shares Outstanding: 1,127,141,091
  Share Type: Class A Closely Held Shares: 793,475,272
 
 
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