Maynilad first-quarter profit rose 10% to P4B

MANILA, Philippines — Maynilad Water Services Inc. started the year with a 10-percent rise in its first-quarter net income, thanks to stronger billed volume and a growing customer base. The concessionaire of the Metropolitan Waterworks and Sewerage System’s West Zone service area said its earnings reached P4 billion from P3.6 billion a year ago. Maynilad’s