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                    [ArticleID] => 254226
                    [Title] => Meralco forecasts P1-B net income this year
                    [Summary] => Philippine power firm Manila Electric Co. (Meralco) forecast yesterday a net profit of P1 billion this year despite a Supreme Court ruling against a tariff hike.


Meralco president Jesus Francisco said the company would still exceed its net profit last year of P907 million on the back of higher sales and an earlier rate hike that took effect middle of last year.


"We see profit growth because of the rate increase last year, plus the expected growth in energy sales," Francisco said. 


                    [DatePublished] => 2004-06-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 148270
                    [Title] => Meralco withdraws raps vs Manor Hotel
                    [Summary] => The Manila Electric Company (Meralco) has withdrawn a pilferage complaint against the owners of Manor Hotel in Quezon City, site of a tragic fire last August that killed at least 78 persons, most of them delegates to a seminar of pastors.


This came after businessman William Ong Genato offered to settle Meralco’s P2.6 million claims out of court. Genato heads the Wil-Vic Construction Development Corporation, which owns the ill-fated hotel. 


                    [DatePublished] => 2002-01-25 00:00:00
                    [ColumnID] => 133272
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                    [SectionName] => Metro
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ALFONSO LACAP

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                    [ArticleID] => 254226
                    [Title] => Meralco forecasts P1-B net income this year
                    [Summary] => Philippine power firm Manila Electric Co. (Meralco) forecast yesterday a net profit of P1 billion this year despite a Supreme Court ruling against a tariff hike.


Meralco president Jesus Francisco said the company would still exceed its net profit last year of P907 million on the back of higher sales and an earlier rate hike that took effect middle of last year.


"We see profit growth because of the rate increase last year, plus the expected growth in energy sales," Francisco said. 


                    [DatePublished] => 2004-06-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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                )

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                    [ArticleID] => 148270
                    [Title] => Meralco withdraws raps vs Manor Hotel
                    [Summary] => The Manila Electric Company (Meralco) has withdrawn a pilferage complaint against the owners of Manor Hotel in Quezon City, site of a tragic fire last August that killed at least 78 persons, most of them delegates to a seminar of pastors.


This came after businessman William Ong Genato offered to settle Meralco’s P2.6 million claims out of court. Genato heads the Wil-Vic Construction Development Corporation, which owns the ill-fated hotel. 


                    [DatePublished] => 2002-01-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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abtest

Meralco forecasts P1-B net income this year

By Donnabelle L. Gatdula | June 17, 2004 - 12:00am

Philippine power firm Manila Electric Co. (Meralco) forecast yesterday a net profit of P1 billion this year despite a Supreme Court ruling against a tariff hike. Meralco president Jesus Francisco said the company...

Business

Meralco withdraws raps vs Manor Hotel

January 25, 2002 - 12:00am

The Manila Electric Company (Meralco) has withdrawn a pilferage complaint against the owners of Manor Hotel in Quezon City, site of a tragic fire last August that killed at least 78 persons, most of them delegates...

Metro