Manila Water Reports a 9% Profit Gain on Higher Billing Volume

Manila Water Co. (MWC), the largest water supplier in the Philippines, said profit rose 9 percent to 4.29 billion pesos ($98.4 million) in the nine-month period through September on higher billing volume.

Revenue for the period rose 6 percent to 11.54 billion pesos from a year earlier, the company that provides half of Manila’s water supplies said today in a statement. The shares have fallen 21 percent this year in Manila compared with a 7 percent gain by the 20-member Bloomberg World Water Index

To contact the reporter on this story: Randall Hackley in London at

To contact the editor responsible for this story: Randall Hackley at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.