Articles worth reading

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

Filipino Charly Suarez (right) connects a solid right as he defeated Min Arka Paing of Myanmar in the boxing competitions of the 30th Southeast Asian Games at the PICC Form on Thursday night (Dec. 5, 2019) / PNA

Filipino boxers advance to SEA Games semis

account_balanceMetro Manila chrome_reader_mode5 days ago

Olympians Rogen Ladon and Charly Suarez of the Philippines earned semis berth in the boxing competitions of the 30th Southeast Asian Games by outclassing their respective quarterfinal foes at the PICC Forum. Ladon dispatched Indonesia’s A...

The Passenger Forum logo and Angkas logo

Commuters ask DOTr to reveal findings on Angkas test-run

account_balanceMetro Manila chrome_reader_mode17 hours ago

A group of commuters asked transport regulators to share the findings of the six-month test run of motorcycle ride-hailing firm Angkas. “The public has the right to know the exact data on the safety, viability, and the effects o...

MV Island Sabtang

Private operators launch ferry service from Manila to Cavite City

account_balanceMetro Manila chrome_reader_mode3 days ago

Two companies have launched the Cavite-Manila Ferry Service on December 7 and agreed to offer it for free to passengers for a month. During the launch of the project dubbed “#OkayKaFerryKo”, ferry operators Seaborne Shipping Co...

 Labor Secterary Silvestre Bello III / PIA

Compressed workweek should be voluntary, says Bello

account_balanceMetro Manila chrome_reader_mode1 day ago

Labor Secretary Silvestre Bello III said the compressed workweek should be based on voluntary agreement of both parties and that it should not result in diminution of the existing benefits of the employees. Labor Secretary Silvestre Bello III s...

MMDA enforcer along Katipunan

QC traffic enforcers asked to man their posts until 1am

account_balanceQuezon City chrome_reader_mode2 days 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...

Newly installed x-ray machines at MICP

Customs adds two x-ray machines at MICP

account_balanceMetro Manila chrome_reader_mode6 days ago

The Bureau of Customs has installed two Portal-type x-ray machines at the Manila International Container Port (MICP). The new Portal x-ray machines will increase the Bureau’s maximum x-ray inspection capacity at MICP with an additional 7,680 c...

Advertisement