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:
Global Power Synergy PCL
sales of 19.92 billion Thai Bahts [US$638.13 million]
of which 77%
was Small Power),
KSK Energy Ventures Limited
(39.39 billion Indian Rupees [US$599.85 million]
of which 100%
was Power Generation), and
China Everbright Greentech Ltd
based in Hong Kong
(4.58 billion Hong Kong Dollars [US$583.62 million]
of which 87%
was Biomass project construction and operati).
During the year ended December of 2017, sales at
Energy Development were 33.26 billion Philippine Pesos (US$638.50 million).
decrease of 2.9%
versus 2016, when the company's sales were 34.24 billion Philippine Pesos.
Contributing to the drop in overall sales was the 28.0% decline
in Operating Segment - Pantabangan/masiway, from 2.29 billion Philippine Pesos to 1.65 billion Philippine Pesos.
There were also decreases in sales in
Leyte Geothermal Business Unit (down 6.5% to 17.53 billion Philippine Pesos)
Negros Island Geothermal Business Unit (down 10.1% to 10.70 billion Philippine Pesos)
Mt Apo Geothermal Business Unit (down 1.5% to 2.51 billion Philippine Pesos)
However, these declines were partially offset by the increase in sales of
Bacon-Manito Geothermal Business Unit (up 29.7% to 6.85 billion Philippine Pesos)
Wind-Ilocos Norte Business Unit (up 12.5% to 3.17 billion Philippine Pesos)