Energy Development Corporation operates within the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Energy Development with three other
electric utilities in Asia:
Jilin Power Share Company Limited
sales of 4.30 billion Chinese Renmimbi [US$643.76 million]
Metro Pacific Investments Corp
(37.24 billion Philippine Pesos [US$789.47 million]
of which 51%
was Water Utilities), and
MMC Corporation Berhad
based in Malaysia
(3.01 billion Malaysian Ringgits [US$741.01 million]
of which 68%
was Energy & Utilities - Energy).
During the year ended December of 2015, sales at
Energy Development were 34.36 billion Philippine Pesos (US$728.44 million).
increase of 11.3%
versus 2014, when the company's sales were 30.87 billion Philippine Pesos.
Sales of Wind-Ilocos Norte Business Unit saw an increase
that was more than double the company's growth rate: sales were up
1,176.5% in 2015, from
188.30 million Philippine Pesos to 2.40 billion Philippine Pesos.
Energy Development also saw significant increases in sales in
Bacon-Manito Geothermal Business Unit (up 38.6% to 6.23 billion Philippine Pesos)
Operating Segment - Pantabangan/masiway (up 16.0% to 1.88 billion Philippine Pesos)
Not all segments of Energy Development experienced an increase in sales in 2015:
sales of Negros Island Geothermal Business Unit fell 4.6% to 12.07 billion Philippine Pesos.