Manila Electric Company reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was PHP 105,642 million compared to PHP 85,905 million a year ago. Revenue was PHP 105,642 million compared to PHP 85,905 million a year ago.

Net income was PHP 8,071 million compared to PHP 6,381 million a year ago. Basic earnings per share from continuing operations was PHP 7.161 compared to PHP 5.661 a year ago. Diluted earnings per share from continuing operations was PHP 7.161 compared to PHP 5.661 a year ago.