
Manila Electric Co. (MAEOY)
MAEOYMarket Open
Rank #10907
Current Price
$
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24h ChangeMarket Intelligence
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About Manila Electric Co. (MAEOY)
Manila Electric Company (Meralco) is the largest distributor of electrical power in the Philippines. It serves a substantial portion of the country's population and businesses, playing a critical role in the nation's infrastructure and economic development. The company is responsible for the distribution of electricity to residential, commercial, and industrial customers within its franchise area, which includes Metro Manila and surrounding regions. Meralco invests heavily in upgrading its distribution network and enhancing its service reliability to meet the growing energy demands of the Philippines. The company is committed to sustainable practices and exploring renewable energy sources to diversify its energy portfolio and reduce its environmental impact. Meralco's operations are vital to supporting the Philippines' economic growth and improving the quality of life for its customers through reliable and efficient electricity distribution.
Market Stats
Volume (24h)$335.0
Performance
High 24h
$19.65
Low 24h
$19.65
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