Meralco core profit jumped 12% to P45B

MANILA, Philippines — Manila Electric Co. (Meralco), led by tycoon Manuel V. Pangilinan, saw a 12-percent growth in its bottom line in the first three quarters of 2026, thanks largely to greater contribution from its power generation and retail electricity business. At a briefing on Wednesday, Meralco chief financial officer Betty Siy-Yap said the company’s core