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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Q2 2020 Manila Electric Co Earnings Call Transcript

Jul 27, 2020 / 07:00AM GMT
Release Date Price: $5.75
Unidentified Company Representative

Good afternoon, ladies and gentlemen. Thank you to our guests for joining us in this virtual presentation of our financial and operating results. (Operator Instructions) Please note also that this meeting is recorded.

The order of presentation is as follows. From our CFO, Ms. Betty Siy-Yap, the financial results; to be followed by the new operation by our President and CEO, Mr. Ray Espinosa; to be followed by the Senior VP for Network, Mr. Ronnie Aperocho; (inaudible) Head of Regulatory Management, Attorney Jose Ronald V. Valles; and a report from (inaudible) by President and CEO, Mr.[Ray Espinosa]. Our Chairman, Mr. Manuel V. Pangilinan, will give his guidance for the rest of the year.

So now will be the presentation.

Betty Cheng Siy;Yap
Manila Electric Company - CFO, Chief Risk Officer & Senior VP

Good afternoon, ladies and gentlemen. I will give the results for the first half of 2020.

The first slide is the financial summary. Our consolidated net income is PHP 10.588 billion, 14

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