3Q 2015 Financial and Operating Results
The Energy Development Corporation (EDC) is a pioneer in generating 100% clean, renewable, and reliable power as an electricity supplier in the Philippines for over 40 years. With power plants all over Visayas and Mindanao, the company is one of the biggest producers of geothermal energy in Asia and is expanding its reach in the […]
EDC Reports 9-month Attributable Recurring Net Income of Php7.0 Billion
Energy Development Corporation reported a consolidated recurring net income attributable to equity holders of the Parent of Php7.0 billion for the first nine months of 2015, down by 10% from the Php7.8 billion posted during the same period last year. The decrease is mainly due to the lower output of the Tongonan Plant resulting from […]
