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First Gen Corporation (Philippines)

Main Activities: Electric Power Transmission, Control, and Distribution
Full name: First Gen Corporation Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

First Gen Corporation (FGEN) is an electric power producer and distributor.Incorporated in the year 1998, FGEN's operating subsidiaries are First Gas Power Corp. (1000MW Santa Rita Plant), FGP Corp (500MW San Lorenzo Plant), Bauang Power Plant Corp. (225 MW Bauang Plant), and First Gen Bukidnon (1.6 MW Agusan Power Plant). The first two plants, Santa Rita and San Lorenzo natural gas-fired Power Plants, are situated 100 km south of Manila and together they acquire their fuel need through the Malampaya field. Both are under a 25-year Power Purchasing Agreement with Manila Electric Company. Meanwhile, the Bauang Plant obtains its fuel need from National Power Corp. (NPC) and at the same time sell its electricity to NPC. Lastly, the Agusan mini-hydro plant, which is sited in Bukidnon, Mindanao, generates its electricity through the employment of two 800 KW turbine generators which make use of water from the Agusan River. The company is headquartered is Pasig.

Headquarters
6Th Floor Rockwell Business Center, Tower 3, Ortigas Avenue
Pasig; National Capital Region; Postal Code: 1604

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Website: http://www.firstgen.com.ph

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1998
Key Executives
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Chairman
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President
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Executive Vice President
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Vice President
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Vice President
Ownership Details
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Subsidiaries
Fgen Casecnan Hydro Power Corp
100%
Fgen Eco Solutions Holdings, I
100%
Fgen Eco Solutions Holdings, Inc
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-2.32%
Total operating revenue
-2.34%
Operating profit (EBIT)
-8.5%
EBITDA
-0.79%
Net Profit (Loss) for the Period
-25%
Total assets
16.56%
Total equity
7.83%
Operating Profit Margin (ROS)
-1.62%
Net Profit Margin
-4.44%
Return on Equity (ROE)
-3.4%
Debt to Equity Ratio
11.85%
Quick Ratio
-0.27%
Cash Ratio
-0.28%

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