Manila Electric Co. (Meralco) Chairman Manuel V. Pangilinan on Tuesday expressed optimism that 2023 will be a 'good year' for the power distributor, as its generation entities are set to contribute more to its bottom line.
Manila Electric Co. Chairman Manuel V. Pangilinan on Tuesday expressed optimism that 2023 will be a "good year" for the power distributor, as its generation entities are set to contribute more to its bottom line.
“We should see a significant uptick in the profits of the generation part of the business… It will be a good year for the generation business, so I think to allay your concerns, and I think a good year for Meralco as whole,” he said during the firm’s annual stockholders’ meeting.
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