MWSC sees profits drop by 33% after 2024’s sharp rise

1 week ago

Male’ Water and Sewerage Company (MWSC) saw its profits drop by 33 percent in 2025 after a sharp rise the previous year, according to its annual audit report. MWSC’s 2025 audit report covers the state utility company’s overall finances, including that of its subsidiary, the Island Beverages Maldives, which produces Taza brand bottled water. The report shows the MWSC generated MVR 1.37