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                    [ArticleID] => 289741
                    [Title] => Napocor expects to break even for 1st time since ’98
                    [Summary] => For the first time since 1998, the National Power Corp. (Napocor) is expected to turn around and break even this year from a net loss of P29.9 billion in 2004. 


Napocor president Cyril del Callar said new estimates by the power firm’s Finance department show a projected net loss of P31.33 billion. But this will be wiped out by a combination of drop in interest expenses and revenues from a subsidiary.


                    [DatePublished] => 2005-08-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
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DEL CELLAR

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                    [Title] => Napocor expects to break even for 1st time since ’98
                    [Summary] => For the first time since 1998, the National Power Corp. (Napocor) is expected to turn around and break even this year from a net loss of P29.9 billion in 2004. 


Napocor president Cyril del Callar said new estimates by the power firm’s Finance department show a projected net loss of P31.33 billion. But this will be wiped out by a combination of drop in interest expenses and revenues from a subsidiary.


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abtest

Napocor expects to break even for 1st time since ’98

By Rocel Felix | August 4, 2005 - 12:00am

For the first time since 1998, the National Power Corp. (Napocor) is expected to turn around and break even this year from a net loss of P29.9 billion in 2004. Napocor president Cyril del Callar said new estimates...

Business