MANILA, Philippines —Higher energy sales and improved performance of its power generation business pulled up the 2023 earnings of utility giant Manila Electric Co. (Meralco) to P38 billion despite costlier power purchased from suppliers. According to Meralco, this is a 34-percent increase from its year-ago net income of P28.4 billion. Excluding nonrecurring items, or one-off Read The Rest at :
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