Manila Water goes from strength to strength

Manila Water’s star is on the ascendant, despite ongoing wastewater challenges in its core concession area. Perry Rivera talks to GWI’s Rhys Owen about his company’s expansion plans at home and abroad.

I n a year which saw Asian water stocks outperform the rest of the sector, Manila Water Company proved in 2007 that it can keep up with the best of them. The company’s shares are currently trading at PHP18 ($0.45) compared with PHP9 ($0.22) in March of last year – an impressive 100% increase, while MWC posted a slight rise in net profits versus 2006, despite reaching the end of its...

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