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                    [ArticleID] => 130119
                    [Title] => Meralco net income seen to drop by 34% this year
                    [Summary] => The Manila Electric Co. (Meralco), a power distribution giant owned by the Lopezes, is seen to post a lower profit of P2.3 billion this year, from P3.5 billion in 2000, an ING Barings study said.


In its latest publication called Philippine Stock Market Review, ING Barings attributed the 34.3-percent decline in net earnings to delays in Meralco’s request for a 30-centavo per kilowatt hour rate hike.


                    [DatePublished] => 2001-08-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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PHILIPPINE STOCK MARKET REVIEW

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                    [ArticleID] => 130119
                    [Title] => Meralco net income seen to drop by 34% this year
                    [Summary] => The Manila Electric Co. (Meralco), a power distribution giant owned by the Lopezes, is seen to post a lower profit of P2.3 billion this year, from P3.5 billion in 2000, an ING Barings study said.


In its latest publication called Philippine Stock Market Review, ING Barings attributed the 34.3-percent decline in net earnings to delays in Meralco’s request for a 30-centavo per kilowatt hour rate hike.


                    [DatePublished] => 2001-08-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Meralco net income seen to drop by 34% this year

By Donnabelle L. Gatdula | August 14, 2001 - 12:00am

The Manila Electric Co. (Meralco), a power distribution giant owned by the Lopezes, is seen to post a lower profit of P2.3 billion this year, from P3.5 billion in 2000, an ING Barings study said. In its latest publication...

Business