Manila Water Company, Inc. Reports Audited Parent Company Earnings Results for the Year Ended December 31, 2019
April 15, 2020 at 07:50 pm EDT
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Manila Water Company, Inc. reported audited parent company earnings results for the year ended December 31, 2019. For the year, the company reported total revenue from contracts with customers is PHP 17,039,662,143 against PHP 16,352,121,332 a year ago. Net income was PHP 5,022,310,097 against PHP 6,333,092,498 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. 
