Manila Electric Co (OTCPK:MERVF)
$ 5.35 0 (0%) Market Cap: 9.44 Bil Enterprise Value: 9.66 Bil PE Ratio: 12.50 PB Ratio: 4.08 GF Score: 85/100
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Q1 2019 Manila Electric Co Earnings Call Transcript

Apr 29, 2019 / 07:00AM GMT
Operator

Good afternoon, ladies and gentlemen. Welcome to the presentation of this afternoon -- this afternoon's presentation of the first quarter results for 2019. The order of presentation is as follows: financial results will be by our CFO, Ms. Betty Siy-Yap; our (inaudible) operation -- operating performance by President and CEO, Mr. Oscar S. Reyes; Senior VP for Networks, Mr. Ronnie Aperocho; Senior VP for Customer Retail Services and Corporate Communications, Alfredo Panlilio; and the report on MERALCO PowerGen by the President and CEO, Mr. Rogelio L. Singson.

Oscar S. Reyes
Manila Electric Company - CEO, President & Executive Director

First of all, let me -- before I turn over to Ms. Betty Siy-Yap for the financial highlights that we just thank all of you for your attendance this afternoon. And then just very, very brief overview, we'll be reporting the first quarter of 2019. The first quarter saw a relatively mild increase in sales as a result of the fairly high base effect of the first quarter 2018, but notwithstanding the mild growth in the first quarter

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