Maynilad Water Services, Inc., the company that provides water to many homes in Metro Manila’s west zone, has announced its performance report for the first half of 2026. According to the press release dated August 4, 2026, the company showed improvements in both delivering water to customers and making more money.

What Does Maynilad Do?

Think of Maynilad as the company responsible for making sure water comes out when you turn on your faucet at home. They also handle wastewater, which means they collect and treat dirty water after you use it.

Better Water Service for More People

Maynilad reported that 94.99% of the area they serve now has access to their water service, up from 94.76% the year before. This means more families can get clean water in their homes.

The company also improved what they call “24-hour water availability,” which reached 92.1%. This means most of their customers can now get water anytime they need it throughout the day.

The number of homes and businesses connected to Maynilad’s water system grew to 1,587,621 connections, which is 1.6% more than the previous year.

Less Water Being Wasted

One important improvement is what’s called “Non-Revenue Water” or NRW. This is water that gets lost through leaky pipes or stolen before it reaches paying customers. Maynilad managed to reduce this waste to 29.7% by the end of June 2026, down from 35.25% a year earlier. This means less water is being wasted, which is good for both the environment and the company’s finances.

Cleaner Environment Through Wastewater Services

Maynilad also expanded its wastewater coverage to 88%, up from 85% in the first half of 2025. This helps keep the environment cleaner and protects public health.

The company now provides sanitation services to 200,577 accounts (up 7.9%) and emptied 55,825 septic tanks (up 10.7% from last year).

Big Investments in Improvements

Maynilad spent ₱12.89 billion on capital expenditures during the first six months of 2026. That’s 18.9% more than the ₱10.85 billion they spent during the same period in 2025. This money went toward fixing pipes, building new facilities, and improving their service to customers.

Financial Performance

The company’s revenues (total money earned) grew 4.1% to ₱19.11 billion, compared to ₱18.35 billion in the first half of 2025. This increase came from selling more water (billed volume up 2.9% to 280.8 million cubic meters) and having more customers.

EBITDA, which is a way to measure how much money a company makes from its main business before certain expenses, rose 7.5% to ₱13.70 billion. The EBITDA margin improved to 71.7% from 69.4%, showing the company is operating more efficiently.

Net income (the actual profit after all expenses) increased 14.0% to ₱8.51 billion from ₱7.47 billion. According to the press release, this growth came mainly from paying less interest on loans and lower taxes, which more than made up for higher operating expenses.

What the CEO Says

Maynilad President and CEO Ramoncito S. Fernandez stated in the press release: “Our first-half performance reflects continued progress in improving service delivery, enhancing network efficiency, and expanding wastewater and sanitation coverage. These operational gains, supported by sustained capital investments, contributed to the company’s financial results. We remain focused on strengthening supply and network resilience and ensuring that our investments translate into better service and long-term value for our customers and stakeholders.”