Manila Electric Co (PHS:MER)
₱ 357 -5.6 (-1.54%) Market Cap: 402.37 Bil Enterprise Value: 403.96 Bil PE Ratio: 10.17 PB Ratio: 3.38 GF Score: 89/100

Full Year 2019 Manila Electric Co Earnings Call Transcript

Feb 24, 2020 / 07:00AM GMT
Release Date Price: ₱262 (-2.96%)
Unidentified Company Representative

(technical difficulty)

A briefing on the 2019 full year financial and operating results. This will be the order of presentation: the financial results by our CFO, Ms. Betty Siy-Yap; Operations by President and CEO, Mr. Ray C. Espinosa; joined by our Head for Networks, Mr. Ron Aperocho; our Head for Customer Retail Services and Corporate Communications, Mr. Victor Genuino; and a report on our sustainability initiatives by Mr. Raymond Ravelo; and a report by Meralco PowerGen from SVP and President and CEO of MGen, Mr. Rogelio Singson.

Please, Ms. Siy-Yap?

Betty Cheng Siy;Yap
Manila Electric Company - CFO, Chief Risk Officer & Senior VP

Good afternoon, ladies and gentlemen. I'll be presenting the financial highlights for the full year ended December 31, 2019. Our gross revenues grew to PHP 318.3 billion, 5% more than the PHP 304.5 billion in 2018, as a result of higher energy sales volume and higher pass-through generation charges brought about by the increased fuel prices, a weaker peso and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot