Manila's First Holdings 9-mth net income surges yr/yr

MANILA, Nov 16 (Reuters) - Nine months ending Sept. 30,
2009

(in billion pesos unless stated)

Net income 7.8 vs 0.156

Revenue 43.46 vs 46.05

Earnings per share (in pesos, basic) 12.66 vs 0.101

NOTE: Power conglomerate First Philippine Holdings (FPH.PS)
attributed the jump in its nine-month net income to one-time
gains from the sale of its 20 percent stake in power retailer
Manila Electric Co (MER.PS) to a PLDT (TEL.PS) unit in July.

Its gains from the Meralco sale amounted to 7.2 billion
pesos, FPH said in a statement.

($1 = 46.5 pesos)

(Reporting by Karen Lema)