Articles worth reading
QC Public Market / PIA

QC reactivates council to watch prices

account_balanceQuezon City access_time4 days ago

Quezon City has reactivated a council to protect residents from undue price increases and ensure adequate supply of goods and commodities. Mayor Joy Belmonte, thru Executive Order No. 11, mandated the revival of the Quezon City Price Coordinating Co...

Metro Manila athletes win SEA Games medals

account_balanceMetro Manila access_time4 days ago

Several athletes from the National Capital Region (NCR) won medals in the ongoing Southeast Asian Games. The City Government of Makati cheered as University of Makati (UMAK) alumni, Mark Jayson Gayon and UMAK student, Mary Joy Renigen won the gold m...

Defense Undersecretary Reynaldo B. Mapagu who also chairs Task Force Balik Loob with five (5) former rebels (FRs) who surrendered under the E-Clip Program, and receive financial assistance during the launching of Landbank's Lending Program / PIA

Landbank launches lending program for former rebels 

account_balanceMetro Manila access_time4 days ago

The Landbank of the Philippines has launched a financial assistance program to support former rebels (FRs) under the Enhanced Comprehensive Local Integration Program (E-CLIP). Task Force Balik-Loob (TFBL) and LandBank signed a memorandum of agr...

Metro Manila News

Manila Water

East zone's water delivery declined 2% in first half

account_balanceMetro Manila chat_bubble_outline0 Comments

The volume of water delivered by Manila Water Company to customers in the east zone concession area declined by 2 percent in the first six months because of the water supply shortage caused by the mild El Niño dry spell.

“Billed volume declined by 2 percent, directly driven by lower water supply and service availability during the period,” Manila Water said in a statement.

This was offset by Manila Water's operations in the provinces and overseas.

Manila Water's net income for east zone dropped 25 percent in the first half to P2.5 billion. Overall, its net earnings went down by only 18 percent to P2.9 billion.

The company said the one-time bill waiver program also affected topline growth, with the company recognizing a revenue reduction of P353 million in the east zone. Revenues in the six-month period reached P8.1 billion, as cost and expenses rose 6 percent to P2.3 billion driven primarily by the penalty imposed by MWSS in first quarter of 2019.

Outside the east zone, domestic business operations saw higher earnings contribution while foreign operations held steady. On the other hand, new business developments continue to provide market expansion and new sector opportunities, it said.

Consolidated revenues improved 7 percent to P10.5 billion, driven by increased billed volume and higher average effective tariff in several key business units.

Consolidated costs and expenses also reflected the challenges experienced in the east zone, increasing 22 percent from the previous year to P4.5 billion. Overhead costs were the main contributor, doubling from the previous year to P1.2 billion due to the penalty imposed by the Metropolitan Waterworks and Sewerage System. Without the penalty, increase in overhead costs would be at 14 percent.

As a result, Manila Water's consolidated net income declined from the same period last year. Excluding one-offs, core net income improved by 8 percent to P3.8 billion.

Manila Water said it already successfully restored water availability to east zone customers.

While the shortage stemmed from the inadequacy of allocated raw water supply, Manila Water addressed prevailing challenges and restored water service to affected areas.

The company said it implemented network management and efficiency programs, bringing non-revenue water down to an all-time low of 7.5 percent.

Reinforced by a more deliberate network management and optimization program, 24/7 water availability at sufficient pressure has been successfully restored to 99 percent of Manila concession customers.

“This has been achieved even in the face of a still significantly reduced raw water supply allocation from Angat Dam – now at only 36 cubic meters per second from the normal 46 cms. These efforts have become the catalyst for equitable water distribution – Manila Water is now working with MWSS and other key government agencies to launch a demand management and water conservation campaign,” it said.

Manila Water said it undertook its own supply augmentation efforts, with its Cardona Plant now producing 62 million liters per day, well over the 50 MLD committed capacity. The recommissioning and development of new deep wells continues, with a current total yield of over 50 MLD.

“Looking to the future, Manila Water works closely with MWSS on key components of the Water Supply Master Plan for the East Zone. To date, the MWSS Board of Trustees has approved four new water source project proposals which are now under review by the MWSS Regulatory Office,” it said.

date_rangeDate Published
3 months ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

Poverty in Philippines

Poverty incidence in the Philippines declines to 16.6%

account_balanceMetro Manila chrome_reader_mode3 days ago

Poverty incidence in the Philippines eased to 16.6 percent in 2018 from 23.3 percent in 2018, according to the Philippine Statistics Authority (PSA). National Economic and Development Authority (NEDA) Undersecretary Adoracion Navarro said the latest...

Metro Manila athletes win SEA Games medals

account_balanceMetro Manila chrome_reader_mode4 days ago

Several athletes from the National Capital Region (NCR) won medals in the ongoing Southeast Asian Games. The City Government of Makati cheered as University of Makati (UMAK) alumni, Mark Jayson Gayon and UMAK student, Mary Joy Renigen won the gold m...

MMDA enforcer along Katipunan

QC traffic enforcers asked to man their posts until 1am

account_balanceQuezon City chrome_reader_mode21 hours ago

Quezon City officials asked traffic enforcers to man their posts until 1 a.m. First District Councilor Victor Ferrer Jr. called for traffic enforcers to be on the streets at 4 a.m. to 1 a.m. the following day as motorists and pedestrians are ex...

Mayor Francisco

Cyberdyne robots go to Manila

account_balanceManila chrome_reader_mode3 days ago

Mayor Francisco "Isko Moreno" Domagoso and Vice Mayor Maria Sheilah "Honey" Lacuna-Pangan met with the representatives of Cyberdyne, a company specialized in utilizing robotics for patients with neurological disorders. Cyber...

QC Public Market / PIA

QC reactivates council to watch prices

account_balanceQuezon City chrome_reader_mode4 days ago

Quezon City has reactivated a council to protect residents from undue price increases and ensure adequate supply of goods and commodities. Mayor Joy Belmonte, thru Executive Order No. 11, mandated the revival of the Quezon City Price Coordinating Co...

Defense Undersecretary Reynaldo B. Mapagu who also chairs Task Force Balik Loob with five (5) former rebels (FRs) who surrendered under the E-Clip Program, and receive financial assistance during the launching of Landbank's Lending Program / PIA

Landbank launches lending program for former rebels 

account_balanceMetro Manila chrome_reader_mode4 days ago

The Landbank of the Philippines has launched a financial assistance program to support former rebels (FRs) under the Enhanced Comprehensive Local Integration Program (E-CLIP). Task Force Balik-Loob (TFBL) and LandBank signed a memorandum of agr...

Advertisement