MANILA (AFX-ASIA) Ð Manila Electric Co shares have been trading higher after the company said it will likely return to net profit in the first quarter to March after booking a 2 billion pesos in 2002, a reversal from the net profit of 1.4 billion previously. (US$1=52 pesos). Meralco president Jesus Francisco told AFX Asia…
PHILIPPINES: Meralco 2002 net loss 2 billion pesos vs profit 1.4 billion
Posted on May 12, 2003 by EnergyAsia