Manila Electric Co.

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Overview

About:

Our Company is the largest electric distribution utility in the Philippines. We celebrate our 111th year in service in 2014. We power 5,367,720 customers. Our footprint covers 9,377 km2. Home to approximately 25% of the Philippine population .About 50% of the Philippine Gross Domestic Product (GDP) generated within the Meralco franchise .60% of Philippine manufacturing output produced within the franchise .Accounts for nearly 75% of Luzon?s and 55% of Philippine energy sales . Social, political and economic center of the Philippines Strong organic growth . Our sales revenue was Php 298.6 billion in 2013, equivalent to US$ 7.0 billion. Our market capitalization at year-end 2013 was Php 282.9 billion, equivalent to US$ 6.4 billion. Our Company recorded all-time best levels in sales, operational and financial performance in 2013. We aim to be the total energy solutions provider of choice.

Sector: Oil & Energy

Website: http://www.meralco.com.ph/

Year Established: