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Manila Water registers flat earnings growth in the first half of 2020
August 13, 2020Manila Water net income for the first half of 2020 was relatively flat, increasing 1 percent from the same period last year to ₱2.48 billion. The lower contribution from domestic subsidiaries, coupled with recognition of additional estimates for various exposures across the group, weighed down on earnings.
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Manila Water holds the exclusive right to provide water and used water services to more than six million customers in the East Zone of Metro Manila and Rizal Province, encompassing 23 cities and municipalities.
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