Geothermal energy firm Energy Development Corp. (EDC) incurred a 20-percent drop in net income last year but said more power plants will boost its capacity later this year.

In a statement, EDC said its 2013 net income fell 20 percent to P6.6 billion from P8.2 billion a year earlier.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details