Maynilad Water Services, Inc.

Maynilad Water Services, Inc.

PPSE:MYNLD
17.00
PHP
+0.02
(+0.12%)
Dec 02Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Ramoncito S. Fernandez
Sector
Utilities
Industry
Water utilities
Address
Quezon City Philippines
IPO Date
Nov 7, 2025
Business
Maynilad Water Services, Inc. is a water and wastewater utility company providing integrated water supply, sewerage, and sanitation services to residential, commercial, and industrial customers in the Philippines. Founded in 1997 and headquartered in Quezon City, Philippines, the company operates as the exclusive concessionaire of the Metropolitan Waterworks and Sewerage System (MWSS) for the West Zone of the Greater Manila Area, backed by a controlling consortium comprising Metro Pacific Investments Corporation, DMCI Holdings, Inc., and Marubeni Corporation. The company operates through three primary business segments: Water Distribution, Wastewater and Sanitation Management, and External Business Solutions. The company's core product and service portfolio encompasses raw water sourcing, conveyance, and municipal potable water treatment; piped water transmission and retail distribution to end-consumers; non-revenue water (NRW) reduction, pressure management, active leak detection, and pipe rehabilitation; wastewater collection, interceptor systems, and centralized sewage treatment; desludging and septage management services via dedicated vacuum fleets and septage treatment facilities; potable water reclamation utilizing advanced multi-barrier membrane filtration under the NEW WATER brand; and external utility advisory solutions, including water and wastewater facilities management, hydraulic modeling, raw water assessment, and proprietary utility billing software systems. The company serves over 10 million customers across 17 cities and municipalities, encompassing western Metro Manila and parts of Cavite province. In recent developments, Maynilad completed its initial public offering (IPO) and listed on the Philippine Stock Exchange under the ticker symbol MYNLD, raising over PHP 34.3 billion to fund long-term water security and wastewater expansion initiatives, marking the first Green Equity-labeled utility listing in Southeast Asia. To bolster raw water independence and climate resilience across its southern service footprint, the company commissioned and scaled modular treatment facilities including the Anabu Modular Treatment Plant in Imus, Cavite, expanded the potable output capacity of the Poblacion Water Treatment Plant in Muntinlupa to 150 million liters per day, and advanced construction on multi-billion-peso primary conveyance networks and treated water reservoirs in Quezon City and Valenzuela. Furthermore, the company continues expanding its circular water reuse infrastructure following the operational rollout of its Parañaque direct potable water reclamation facility and active multi-year capital expenditure investments targeting universal sewerage coverage and 24-hour supply reliability.