Manila Electric Company operates in the Electric services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Manila Electric Company with three other
companies in this sector in Philippines:
First Philippine Holdings Corporation
sales of 91.91 billion Philippine Pesos [US$1.82 billion]
of which 81%
was Power Generation),
Aboitiz Power Corporation
(89.16 billion Philippine Pesos [US$1.76 billion]
of which 50%
was Power Distribution), and
Aboitiz Equity Ventures Inc.
(116.42 billion Philippine Pesos [US$2.30 billion]
of which 76%
Manila Electric Company reported sales of 257.18 billion Philippine Pesos (US$5.08 billion)
December of 2016.
decrease of 0.5%
versus 2015, when the company's sales were 258.40 billion Philippine Pesos.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Manila Electric Company had sales
of 256.81 billion Philippine Pesos.
Contributing to the drop in overall sales was the 5.3% decline
in Services, from 10.42 billion Philippine Pesos to 9.87 billion Philippine Pesos.
There were also decreases in sales in
Power Distribution (down 0.2% to 249.21 billion Philippine Pesos)