Manila Water posted ₱20.5 billion in operating earnings for 2023. Solid topline growth for the year was driven by the continued recovery of customer demand with the resumption of economic activities, as well as implementation of tariff adjustments in the East Zone Concession and several Non-East Zone Philippines businesses. Coupled with Manila Water’s implementation of cost management and efficiency initiatives, operating margins improved 11 percentage points to 67%.
Manila Water is releasing its March desludging schedule and encouraging more customers to avail of its septic tank siphoning service at no additional cost.
Manila Water Foundation, the social development arm of Manila Water Company, kicked off its month-long celebration of its 19th anniversary this February, spearheading several projects and programs to champion Water Access, Sanitation, and Hygiene (WASH) across the Philippines with the theme “Celebrating Ripples of WASH.”
Manila Water continues its unabated expansion and maintenance of its water connection to ensure its growing customer base is afforded 24/7 clean and potable water. As of November 2023, the East Zone water concessionaire has laid and maintained 5,445.96 kilometers of pipelines all over the East Zone of Metro Manila.
Clark Water to invest P5.56-B in capital expenditures for service improvement in Clark Freeport Zone
Clark Water, a subsidiary of Manila Water Philippine Ventures and the sole water and wastewater service provider of the Clark Freeport Zone (CFZ), is set to spend P5.56-B for service improvement projects crucial in the fulfillment of its service obligations to its customers as well as compliance to regulatory requirements.