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:
Aboitiz Power Corporation
sales of 119.39 billion Philippine Pesos [US$2.29 billion]
of which 48%
was Power Generation),
First Gen Corporation
(86.14 billion Philippine Pesos [US$1.65 billion]
of which 37%
was EDC), and
Metro Pacific Investments Corp
(62.51 billion Philippine Pesos [US$1.20 billion]
of which 34%
was Water Utilities).
Manila Electric Company reported sales of 282.56 billion Philippine Pesos (US$5.43 billion)
December of 2017.
increase of 9.9%
versus 2016, when the company's sales were 257.18 billion Philippine Pesos.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Manila Electric Company had sales
of 285.27 billion Philippine Pesos.
Sales of Power Distribution saw an increase
10.4% in 2017, from
249.21 billion Philippine Pesos to 275.17 billion Philippine Pesos.
Not all segments of Manila Electric Company experienced an increase in sales in 2017:
sales of Services fell 3.2% to 9.55 billion Philippine Pesos.
(However, this segment's sales were only a very small portion of the company's overall sales).