- | Water supply shortage continued to affect the operations of Manila Water Co. |
- | Net income declined 11% in the first three quarters to P4.4B from 2018 |
- | The performance of the Manila concession was still impacted by the water supply shortage early this year |
| $MWC downtrend |
Water supply shortage continued to affect the operations of Manila Water Co. as net income declined 11 percent in the first three quarters to P4.4 billion from a year ago.The company, however, said core net income climbed 10 percent to P5.8 billion from the previous year on improved efficiency and better operating margins from domestic subsidiaries.
November 12, 2019 10:26 am