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:
China Power New Energy Development Co Ltd
of Hong Kong
sales of 5.51 billion Hong Kong Dollars [US$710.02 million]
Electricity Generating Public Company Limited
(22.79 billion Thai Bahts [US$659.44 million]
of which 97%
was Electricity Generation), and
KSK Energy Ventures Limited
based in India
(43.60 billion Indian Rupees [US$666.26 million]
of which 100%
was Power Generation).
During the year ended December of 2016, sales at
Energy Development were 34.24 billion Philippine Pesos (US$681.97 million).
decrease of 0.4%
versus 2015, when the company's sales were 34.36 billion Philippine Pesos.
Contributing to the drop in overall sales was the 15.2% decline
in Bacon-Manito Geothermal Business Unit, from 6.23 billion Philippine Pesos to 5.28 billion Philippine Pesos.
There were also decreases in sales in
Leyte Geothermal Business Unit (down 1.2% to 18.75 billion Philippine Pesos)
Negros Island Geothermal Business Unit (down 1.4% to 11.89 billion Philippine Pesos)
However, these declines were partially offset by the increase in sales of
Wind-Ilocos Norte Business Unit (up 17.4% to 2.82 billion Philippine Pesos)
Mt Apo Geothermal Business Unit (up 6.4% to 2.54 billion Philippine Pesos)
Operating Segment - Pantabangan/masiway (up 21.3% to 2.29 billion Philippine Pesos)