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India

Manila Electric Co (MER.PS)

MER.PS on Philippine Stock Exchange

290.00PHP
8:50am IST
Change (% chg)

Php3.00 (+1.05%)
Prev Close
Php287.00
Open
Php287.00
Day's High
Php294.80
Day's Low
Php287.00
Volume
56,390
Avg. Vol
246,160
52-wk High
Php327.00
52-wk Low
Php189.70

Latest Key Developments (Source: Significant Developments)

Manila Electric Posts QTRLY Net Income Attributable 4,408 Mln Pesos
Tuesday, 17 Nov 2020 

Nov 17 (Reuters) - Manila Electric Co ::QTRLY NET INCOME ATTRIBUTABLE 4,408 MILLION PESOS VERSUS 6,314 MILLION PESOS.QTRLY GROSS REVENUE OF 71,954 MILLION PESOS VERSUS 76,173 MILLION PESOS.  Full Article

Manila Electric ApproveS Cash Dividend Of 4.697 Pesos Per Share
Tuesday, 28 Jul 2020 

July 28 (Reuters) - Manila Electric Co ::APPROVED CASH DIVIDEND OF 4.697 PESOS PER SHARE.  Full Article

Manila Electric Says Manuel Lorenzo L. Tuason, VP & President & CEO, Cis Bayad Center To Retire
Thursday, 18 Jun 2020 

June 18 (Reuters) - Manila Electric Co ::MANUEL LORENZO L. TUASON, VICE PRESIDENT & PRESIDENT & CEO, CIS BAYAD CENTER TO RETIRE.  Full Article

Manila Electric Clarifies Expected 2020 Capex For Electrification Project
Tuesday, 5 May 2020 

May 5 (Reuters) - Manila Electric Co ::CLARIFIES CO SEES 2020 CAPEX FOR ELECTRIFICATION PROJECT AT 580 MILLION PESOS.CLARIFIES SEES 2020 CAPEX FOR ‘BUILD, BUILD, BUILD’ & PRIVATE-PUBLIC PARTNERSHIP AT 450 MILLION PESOS.  Full Article

Manila Electric Confirms that Co Asked Department Of Energy To Delay Bidding For 1,800-MW Supply
Wednesday, 29 Apr 2020 

April 29 (Reuters) - Manila Electric Co ::CONFIRMS STATEMENTS REGARDING, CO ASKS DEPARTMENT OF ENERGY TO DELAY BIDDING FOR 1,800-MW SUPPLY.  Full Article

Manila Electric Says Qtrly Consol Energy Sales Volume Up 5% To 10,879 GWh
Tuesday, 28 Apr 2020 

April 28 (Reuters) - Manila Electric Co ::CONSOLIDATED ENERGY SALES VOLUME UP 5% TO 10,879 GWH IN QUARTER ENDED MARCH 31.QTRLY GROSS REVENUES OF 70.0 BILLION PESOS, DOWN 7%.CONSOLIDATED ELECTRICITY REVENUES AT 67.9 BILLION PESOS FOR 1Q2020, 8% DOWN.1Q2020 CONSOL REPORTED NET INCOME 2.6 BILLION PESOS VERSUS 5.7 BILLION PESOS.TOTAL INTEREST-BEARING DEBT SLIGHTLY HIGHER AT 40.9 BILLION PESOS AT Q1-END.FORCE MAJEURE CLAIMS BY CO FROM POWER SUPPLIERS REDUCED APRIL 2020 GENERATION CHARGES BY 129.4 MILLION PESOS.  Full Article

Manila Electric Co Says April 15 Payment Date For Dividends Remains Unchanged
Thursday, 2 Apr 2020 

April 2 (Reuters) - Manila Electric Co ::APRIL 15, PAYMENT DATE FOR DIVIDENDS REMAINS UNCHANGED.  Full Article

Manila Electric Co Confirms Decline In Demand For Power From Industrial & Commercial Customer Segments
Tuesday, 31 Mar 2020 

March 31 (Reuters) - Manila Electric Co ::CONFIRMS DECLINE IN DEMAND FOR POWER FROM INDUSTRIAL & COMMERCIAL CUSTOMER SEGMENTS DURING ENHANCE COMMUNITY QUARANTINE PERIOD.  Full Article

Manila Electric Confirms Will Refund Consumers With 1.2 Billion Pesos In March Billing
Monday, 9 Mar 2020 

March 9 (Reuters) - Manila Electric Co ::MANILA ELECTRIC CO CONFIRMS WILL REFUND CONSUMERS WITH 1.2 BILLION PESOS IN MARCH BILLING AS ORDERED BY ENERGY REGULATOR COMMISSION.  Full Article

Manila Electric Says Power Supply Agreement With Solar Philippines Tanauan Corp Approved
Wednesday, 4 Mar 2020 

March 4 (Reuters) - Manila Electric Co ::ENERGY REGULATORY COMMISSION APPROVED POWER SUPPLY AGREEMENT EXECUTED BY CO & SOLAR PHILIPPINES TANAUAN CORP.  Full Article

EMERGING MARKETS-Indian stocks rally, rupee flat as RBI keeps door open to rate cuts

* Graphic: World FX rates http://tmsnrt.rs/2egbfVh * Graphic: Foreign flows into Asian stocks https://tmsnrt.rs/3f2vwbA * Indian stocks climb after cenbank vows support, holds rates * Philippine markets had priced in harsh Q2 GDP data - analysts * Indonesian rupiah weakens, large fiscal spending planned in H2 By Rashmi Ashok Aug 6 India's rupee pulled back slightly while stocks rallied on Thursday after the country's central bank kept official rates on ho