RASLAG Q1 Profit Falls Sharply Amid Expansion Costs
- May 15, 2025
RASLAG Corp. reported a sharp 89.28% year-on-year drop in net income for the first quarter of 2025, falling to PHP 2.4 million from PHP 22.3 million in Q1 2024, according to its...
RASLAG Corp. reported a sharp 89.28% year-on-year drop in net income for the first quarter of 2025, falling to PHP 2.4 million from PHP 22.3 million in Q1 2024, according to its...
First Gen’s recurring income dropped 4% in the first quarter of 2025, with geothermal underperformance offsetting revenue growth from natural gas and hydro platforms, and new income streams from its LNG business....
San Miguel Global Power Holdings Corp. is seeking to recover Php34 billion from Meralco customers after securing a favorable Supreme Court ruling on its petition for a rate adjustment under its power...
Manila Electric Co. (Meralco) is targeting a 4.6% increase in electricity sales volume for 2025, aiming to deliver 56,802 gigawatt-hours (GWh), up from 54,325 GWh in 2024. The country’s largest power distributor...
Amid the recent yellow alert in Luzon and Visayas grids, President Ferdinand R. Marcos, Jr. addressed concerns regarding the power situation in the Philippines, debunking claims of an artificial power crisis and...
In the wake of the recent power outages that crippled Panay Island at the start of the year, the need to ensure the country’s energy security once again comes to the fore...