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MarketScreener Homepage  >  Equities  >  PHILIPPINE STOCK EXCHANGE, INC.  >  Manila Electric Company    MER   PHY5764J1483

MANILA ELECTRIC COMPANY (MER)
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Business Summary
Generates and provides electricity

Manila Electric Co. engages in the generation and distribution of electricity.

It operates through the following segments: Power and Other Services.

The Power segment consists of electricity distribution, power generation, and retail electricity supply.

The Services and Others segment involves primarily in electricity-related services such as electro-mechanical engineering, construction, consulting, and related manpower as well as light rail-related maintenance services, electronic transaction and bills collection, insurance and electronic business development and energy systems management.

The company was founded in 1903 and is headquartered in Pasig, Philippines.

Number of employees : 5 539 people.
Sales per Businesses
20162017Delta
PHP (in Million)%PHP (in Million)%
Power249,20696.9%275,17297.4% +10.42%
Other Services9,8663.8%9,5473.4% -3.23%
Sales per Regions
20162017Delta
PHP (in Million)%PHP (in Million)%
Philippines257,181100%282,556100% +9.87%
Managers
NameAgeSinceTitle
Oscar S. Reyes, MBA712010President, CEO & Executive Director
Manuel Pangilinan712009Chairman
Betty C. Siy-Yap, MBA552009Chief Finance Officer & Senior Vice President
Ray Celis Espinosa612009Non-Executive Director & General Counsel
Manuel M. Lopez761986Non-Executive Director
Artemio Villaseñor Panganiban812008Independent Director
Pedro Emilio O. Roxas612010Independent Director
Jose Maria K. Lim, MBA652012Non-Executive Director
James Go782013Non-Executive Director
Lance Gokongwei522013Vice Chairman
Equities
Vote QuantityFloatCompany-owned sharesTotal Float
Share A 1 1,127,000,000 233,313,985 20.7% 172,412 0.0% 20.7%
Shareholders
NameEquities%
Metro Pacific Investments Corp. 512,424,042 45.5%
JG Summit Holdings, Inc. 333,189,397 29.6%
First Philippine Holdings Corp. 44,475,706 3.95%
Government Service Insurance System 15,452,823 1.37%
The Vanguard Group, Inc. 8,976,933 0.80%
BlackRock Fund Advisors 3,796,330 0.34%
Robeco Institutional Asset Management BV 2,533,430 0.22%
Dimensional Fund Advisors LP 1,891,660 0.17%
Grantham, Mayo, Van Otterloo & Co. LLC 1,728,100 0.15%
BC Investment Management Corp. 1,458,170 0.13%
Company contact information
Manila Electric Co.
Lopez Building
Ortigas Avenue
Barangay Ugong
Pasig, Metropolitan Manila 0300

Web : http://www.meralco.com.ph
Sector Electric Utilities - NEC
1st jan.Capitalization (M$)
MANILA ELECTRIC COMPANY8 045
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