Manila Water income slightly lower at P5.59B

MANILA Water Co. Inc. posted a consolidated net income of P5.59 billion in 2023, down slightly from P5.92 billion in 2022, due to the recognition of an impairment provision. The East Zone water concessionaire said it recognized a one-off provision of P4.1 billion related to East Water, one of the company’s legacy investments. Register to […]

Manila Water income slightly lower at P5.59B

Manila Water income slightly lower at P5.59B thumbnail

Scroll Up

MANILA Water Co. Inc. posted a consolidated net income of P5.59 billion in 2023, down slightly from P5.92 billion in 2022, due to the recognition of an impairment provision.

The East Zone water concessionaire said it recognized a one-off provision of P4.1 billion related to East Water, one of the company’s legacy investments.

Register to read this story and more for free.

Signing up for an account helps us improve your browsing experience.

Continue

OR

See our subscription options.

Already have an account? Log in here

This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.