Manila Electric Co (PHS:MER) Purchase Of Property, Plant, Equipment : ₱-29,160 Mil (TTM As of Mar. 2024)

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What is Manila Electric Co Purchase Of Property, Plant, Equipment?

Manila Electric Co's purchase of property, plant, equipment for the three months ended in Mar. 2024 was ₱-9,268 Mil. It means Manila Electric Co spent ₱9,268 Mil on purchasing property, plant, equipment. Manila Electric Co's purchase of property, plant, equipment for the trailing twelve months (TTM) ended in Mar. 2024 was ₱-29,160Mil.

Compared with last quarter (₱-7,059 Mil in Dec. 2023 ), Manila Electric Co spent more money on purchasing property, plant, equipment in Mar. 2024 (₱-9,268 Mil).

Manila Electric Co Purchase Of Property, Plant, Equipment Historical Data

The historical data trend for Manila Electric Co's Purchase Of Property, Plant, Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Manila Electric Co Purchase Of Property, Plant, Equipment Chart

Manila Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Purchase Of Property, Plant, Equipment

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-19,438.00

-19,662.00

-26,260.00

-33,663.00

-24,800.00

Manila Electric Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Purchase Of Property, Plant, Equipment	Get a 7-Day Free Trial															-4,908.00	-8,874.00	-3,959.00	-7,059.00	-9,268.00

Manila Electric Co Purchase Of Property, Plant, Equipment Calculation

The amount used to purchase PPE.

Purchase Of Property, Plant, Equipment for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-29,160 Mil.

Manila Electric Co Purchase Of Property, Plant, Equipment Related Terms

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Manila Electric Co (PHS:MER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Manila Electric Co (PHS:MER) » Definitions » Purchase Of Property, Plant, Equipment

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Traded in Other Exchanges

MAEOY:USA

Address

Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605

Website

https://www.meralco.com.ph

Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the largest electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

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