Manuel V. Pangilinan—PHOTO FROM MERALCO
MANILA, Philippines – Manuel V. Pangilinan expects his power giant Manila Electric Co. (Meralco) to achieve a new record profit this year despite facing what he called its “worst challenge” amid the lingering uncertainties in the United States-Iran war.
“Yes, optimistic. I think the full-year profits would be ahead of last year,” the Meralco chair said when asked about the possibility of exceeding 2025’s earnings.
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