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Manila Water makes profit of P2.6 B in first half of 2012

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10:46 pm | Wednesday, August 8th, 2012

MANILA, Philippines—Manila Water Co. Inc. disclosed Wednesday that its net income for the first half of the year jumped by nearly a third over the same period last year as revenue grew by almost a fourth.

The Ayala-led water company’s report to the Philippine Stock Exchange showed that its profit grew 31 percent to P2.63 billion in the first six months of 2012 from just a little over P2 billion in the same period last year.

Revenue grew 24 percent to P7.2 billion from P5.8 billion.


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Short URL: http://business.inquirer.net/?p=75729

Tags: Business , News , Stock Market , utilities , water

  • http://joboni96.myopenid.com/ joboni96

    kaya nga from p40 per month
    noong hawak pa ng gobyerno

    p500 per month
    ang binabayaran ko ngayon

    ok lang sana
    if dito lang sa pilipinas
    ang kita at
    hindi pumupunta sa ibang bayan

    NATIONALIZE ALL WATER POWER COMPANIES
    then resell to pilipinos

  • http://pulse.yahoo.com/_TDE5NBDKWKSYXMS6Z3VFQQZIZE mangdo

    BIRO MO IYAN KAYA PALA INCREASE NANG INC, KAYO SA WATER RATES…ANG LAKI PALA NGANG ITNUBO SA INYONG KOMPANIYA….MAGBABA NAMAN KAYO KAHIT GA KAUNTI LAMANG…MGA GANID KAYO…

  • wilms1963

    ang laki ng kinita nyo…magbaba naman kayo ng singil…ma awa kayo sa mga mamamayan….makonsensya naman kayo

  • mon key

    This news  story is very hilarious. Manila water announcing that they made a profit from water at a time when almost all of Metro Manila is UNDER WATER! Properly timed announcement.



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