MANILA (AFX-ASIA) – Manila Electric Co still expects to meet its 2003 net profit goal of 1 billion pesos, despite cash flow pressures that it intends to address through a proposed tariff increase of 0.1358 pesos per kilowatthour, company president Jesus Francisco said. (US$1=55 pesos). Meralco is pinning its hopes of sustained profitability on higher…

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