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Organization: NAPOCOR

Organization name
National Power Corporation
Country name
Philippines
Country of registration
Philippines
Industry
Power
Bond debt
-

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Profile

The National Power Corporation, also known as the NPC or Napocor, is a state-owned company that serves as the largest provider and generator of electricity in the Philippines. It is also the principal power provider for Manila Electric, the only power distributor in the Metro Manila area. Napocor is also the country's largest corporation in terms of revenue, though profitability is a problem. Allegations have been made that the company engages in unlawful accounting practices, causing the poor profitability. This is still to be proved. Others argue that unprofitability is just due to the economic environment.

Awards

News

01/02/2019 S&P Global Ratings withdrew Local Currency LT credit rating for NAPOCOR
01/02/2019 S&P Global Ratings withdrew Foreign Currency LT credit rating for NAPOCOR
28/04/2018 S&P Global Ratings revised outlook on NAPOCOR to positive and affirmed at "BBB" (Foreign Currency LT) credit rating
28/04/2018 S&P Global Ratings revised outlook on NAPOCOR to positive and affirmed at "BBB" (Local Currency LT) credit rating
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Documentation

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Stocks

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Codes

  • SIC
    8888 FOREIGN GOVERNMENTS
  • CIK
    0001027457

Credit and ESG Ratings

Macroeconomic Indicators - NAPOCOR

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