MANILA (AFX-ASIA) – First Philippine Holdings shares have moved higher after reporting significantly higher net profit for the first half and second quarter, dealers said. They said the company’s outlook improved after unit Manila Electric Co won approval from state-owned National Power Corp to increase electricity supply from its parent’s power generators. Expectations of a…
PHILIPPINES: First Philippine Holdings firmer on H1 results, outlook
Posted on August 18, 2003 by EnergyAsia