Manila Water Company, Inc. Announces Earnings Results for the Third Quarter and Year to Date Ended September 30, 2020
November 12, 2020 at 09:55 pm EST
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Manila Water Company, Inc. announced earnings results for the quarter and year to date ended September 30, 2020. For the quarter, the company reported gross revenue of PHP 5,248,736,000 against PHP 5,584,965,000 a year ago. Net Income After Tax was PHP 742,236,000 against PHP 1,751,171,000 a year ago. Basic and diluted EPS was PHP 0.29 against PHP 0.7 a year ago.
For the year to date, the company reported gross revenue of PHP 16,071,629,000 against PHP 15,995,864,000 for the same period last year. Net Income Loss After Tax was PHP 3,291,241,000 against PHP 4,293,908,000 a year ago. Basic and diluted EPS was PHP 1.28 against PHP 1.68 a year ago.
Manila Water Company, Inc. provides water, integrated used water, sewerage and sanitation, distribution services, pipework, engineering, procurement and management services. Its segments include Manila Concession and Head Office, Domestic Subsidiaries and Foreign Subsidiaries. The Manila Concession and Head Office represents the operations of the Manila Concession (East Zone) of the Parent Company in accordance with its Concession Agreement. The Domestic Subsidiaries include Philippine businesses, such as MWIS, Calasiao Water, MWPVI (including Boracay Water, Calbayog Water, Clark Water, Filipinas Water, Bulakan Water, Ilagan Water, South Luzon Water, Obando Water, Laguna Water, North Luzon Water, Davao Water, Tagum Water, MW Consortium, Cebu Water, Aqua Centro, BMDC, EcoWater, Leyte Water, MWTV, and Zamboanga Water). The Foreign Subsidiaries consist of businesses outside the Philippines under Manila Water Asia Pacific Pte. Ltd. (KDWH, MWSAH, TDWH, MWTH, MWTC, MSEA, and PTMWI).
MANILA WATER COMPANY, INC. 
