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Higher tariffs, strong water demand buoy MWC earnings

By Inquirer - 6 months ago
MANILA, Philippines — Razon Group-led Manila Water Co. Inc. posted a 37-percent growth in earnings to P3.1 billion in the three months ending March this year, driven by higher tariffs and increased demand. In a disclosure on Tuesday, Manila Water said revenues had risen by 19 percent to P8.8 billion, which mostly came from providing

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