Maynilad Water Services reported a 10.2% increase in net income to ₱12.6 billion in the first nine months of 2026, from ₱11.4 billion in the same period last year, driven by higher revenues and increased water consumption. In a disclosure to the Philippine Stock Exchange, the water distributor said consolidated revenues rose 3.5% to ₱28.6 billion, while billed water volume increased 2.8% to 423.3 million cubic meters. Billed connections also reached 1.59 million, reflecting continued customer growth.
Maynilad’s service coverage improved to 95.2% from 94.8% a year earlier, while non-revenue water declined to 29.3% from 32.8%. Capital expenditures likewise increased 5.1% to ₱19.5 billion, supporting infrastructure improvements and operational efficiency. President and CEO Ramoncito Fernandez said the company remains focused on strengthening water supply resilience, improving network reliability, and meeting growing demand through sustained infrastructure investments.
