An executive of power retailer Manila Electric Co. said sales volume in August likely grew by 'a little above six
An executive of power retailer Manila Electric Co. said sales volume in August likely grew by “a little above six percent”.
Geluz earlier said Meralco was expecting a full-year sales volume growth of 4 percent, led by 5-percent increase in the second half. “We sort of had some talk with SEIPI president, and he’s confident that semicon might have a rebound towards the latter part of the year,” Geluz said. Sales mix also continued to shift towards pre-pandemic levels, with commercial segment accounting for a bigger 37-percent share from 35 percent in 2022.
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