Manila Water Company, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
February 29, 2024 at 12:58 am EST
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Manila Water Company, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was PHP 28,503.98 million compared to PHP 20,640.72 million a year ago. Revenue was PHP 30,709.87 million compared to PHP 22,798.98 million a year ago.
Net income was PHP 5,593.57 million compared to PHP 5,922.78 million 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. 
