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

MANILA ELECTRIC COMPANY

(MER)
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Manila Electric : CG Summit for CRS and Comm Group

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08/14/2019 | 10:12pm EDT

June 04, 2019

MERALCO Conducts Corporate Governance Summit for Customer Retail Services and

Corporation Communications Group

In support of MERALCO's Corporate Governance awareness campaign, the Corporate Governance and Compliance Office (CGCO) conducted the Corporate Governance (CG) Summit for Customer Retail Services (CRS) and Corporation Communications Group on June 04, 2019 at the Multi-Purpose Hall, Meralco Compound, Pasig City.

Through the use of creative media during the CG Summit's lectures and games, the CGCO was able to engage the CRS and Corporation Communications Group into active participation during the discussion of CG policies, programs, and initiatives. Aside from utilizing infomercials during the Summit, the 216 participants were treated to interactive games such as Family Feud and Kahoot which incorporated questions and scenarios applying CG policies and principles.

At the end of the program, Mr. Alfredo Panlilio, SVP and Head of the CRS and Corporate Communications Group, also took the CG Summit as his platform to address his Group before relinquishing his post as their Head to assume the role of Chief Revenue Officer at PLDT and Smart Communications effective July 2019. He reminded the Group which he has led since 2010 to be good soldiers in exercising the CG principles as they serve MERALCO's customers.

Disclaimer

Meralco - Manila Electric Company published this content on 15 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 August 2019 02:11:10 UTC

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Financials (PHP)
Sales 2019 323 B
EBIT 2019 28 517 M
Net income 2019 22 972 M
Finance 2019 12 998 M
Yield 2019 4,42%
P/E ratio 2019 17,7x
P/E ratio 2020 17,6x
EV / Sales2019 1,22x
EV / Sales2020 1,16x
Capitalization 408 B
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 14
Average target price 350,36  PHP
Last Close Price 362,00  PHP
Spread / Highest target 16,0%
Spread / Average Target -3,22%
Spread / Lowest Target -24,0%
EPS Revisions
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NameTitle
Oscar S. Reyes President, CEO & Executive Director
Manuel Velez Pangilinan Chairman
Betty C. Siy-Yap Chief Finance Officer & Senior Vice President
Ray Celis Espinosa Non-Executive Director & Deputy CEO
Manuel M. Lopez Non-Executive Director
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