Meralco sees ‘above 4.5%’ sales growth

LISTED power distributor Manila Electric Co. (Meralco) expects overall sales volume growth to be “slightly above four-and-a-half” percent this year, a top executive said on Tuesday.

Meralco President Oscar Reyes told reporters in a chance interview the utility may not be able to reach overall sales volume growth of five percent because “the first quarter was very soft.”