Meralco Profit Increases by 14% to P40 Billion in 9 Months
Manila Electric Co., led by Manuel V. Pangilinan, reported a 14% increase in consolidated core net income to P40 billion in the first nine months of 2025.
According to Meralco SVP and chief finance officer Betty Siy-Yap, the company's income growth is attributed to the expanding contribution of its power generation business alongside stable distribution revenues.
Our strong results for the year to date were driven by robust performance of the core generation business and steady performance of the core distribution business.
- Distribution utility arm contributed P21.9 billion or 55% to Meralco's consolidated core net income, up by 8% from a year ago.
- Power generation contributed P14 billion.
Meralco is on track to meet its P50-billion profit target for the year.
Author's summary: Meralco's profit jumps 14% to P40 billion.
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