MANILA, Feb 23 (Reuters) - Full year ending Dec. 31, 2009.
(in billion pesos unless stated)
Net income 6.0 vs 2.8
Core net income 7.0 vs 2.61
Revenue 184.87 vs 191.78
Earnings per share (peso, basic) 5.42 vs 2.54
Note: Manila Electric Co is the Philippines' largest power distributor. It is partly owned by holding firm Metro Pacific Investments Corp and its affiliate Pilipino Telephone Corp, and food-to-power conglomerate San Miguel Corp.
Core net income takes out the effect of foreign exchange gains or losses, mark-to-market adjustments and provisions for possible refunds to customers.
($1 = 46.13 pesos)
(Reporting by Rosemarie Francisco) ((rosemarie.francisco@thomsonreuters.com; +63 2 841-8937; Reuters Messaging: rosemarie.francisco.reuters.com@reuters.net)) Keywords: MERALCO/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
(in billion pesos unless stated)
Net income 6.0 vs 2.8
Core net income 7.0 vs 2.61
Revenue 184.87 vs 191.78
Earnings per share (peso, basic) 5.42 vs 2.54
Note: Manila Electric Co is the Philippines' largest power distributor. It is partly owned by holding firm Metro Pacific Investments Corp and its affiliate Pilipino Telephone Corp, and food-to-power conglomerate San Miguel Corp.
Core net income takes out the effect of foreign exchange gains or losses, mark-to-market adjustments and provisions for possible refunds to customers.
($1 = 46.13 pesos)
(Reporting by Rosemarie Francisco) ((rosemarie.francisco@thomsonreuters.com; +63 2 841-8937; Reuters Messaging: rosemarie.francisco.reuters.com@reuters.net)) Keywords: MERALCO/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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