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                    [ArticleID] => 158528
                    [Title] => Meralco loses P73M in Q1
                    [Summary] => The Manila Electric Co. (Meralco) reported a net loss of P72.8 million for the first quarter of 2002, a dramatic reversal of its  P394.4 million net income realized in the same period last year.


The company attributed the loss to a decline in sales volume coupled with higher system losses for the quarter.


But Meralco spokesman Elpi Cuna said that despite its financial difficulties, Meralco has spent more than P1.09 billion for its electric system projects for the first three months of the year.


                    [DatePublished] => 2002-04-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
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ASPAC AIRFREIGHT INC

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                    [ArticleID] => 158528
                    [Title] => Meralco loses P73M in Q1
                    [Summary] => The Manila Electric Co. (Meralco) reported a net loss of P72.8 million for the first quarter of 2002, a dramatic reversal of its  P394.4 million net income realized in the same period last year.


The company attributed the loss to a decline in sales volume coupled with higher system losses for the quarter.


But Meralco spokesman Elpi Cuna said that despite its financial difficulties, Meralco has spent more than P1.09 billion for its electric system projects for the first three months of the year.


                    [DatePublished] => 2002-04-25 00:00:00
                    [ColumnID] => 133272
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abtest

Meralco loses P73M in Q1

April 25, 2002 - 12:00am

The Manila Electric Co. (Meralco) reported a net loss of P72.8 million for the first quarter of 2002, a dramatic reversal of its P394.4 million net income realized in the same period last year. The company attributed...

Business