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Manila Electric Company Reports Q1 2026 Financial Results

Manila Electric Company (Meralco) announced its financial results for the first quarter of 2026, showing a 2% increase in consolidated core net income to Pesos 11.4 billion and a 4% rise in consolidated reported net income to Pesos 10.8 billion. The growth was supported by higher power generation revenues and an increase in distribution utility pass-through charges.