Metro Pacific Investments achieves P14.1 billion net income in 2017

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An investment holding company in the Philippines, Metro Pacific Investments reported a 17% rise in consolidated core net income to P14.1 billion for the year ended December 31, 2017 from P12.1 billion in 2016 on the strength of its increased presence in the power industry.

Core net income was lifted by an expanded power portfolio following further investment in Beacon Electric Asset Holdings, Inc., robust traffic growth on all roads held by Metro Pacific Tollways Corporation, and continuing growth in the Hospital group.

The Company’s subsidiaries are Manila Electric Company; Maynilad Water Holding Company, Inc.; Metro Pacific Tollways Corporation;Metro Pacific Light Rail Corporation; Metro Pacific Hospital Holdings, Inc.; and MetroPac Logistics Company, Inc.

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