In a regulatory filing, the company said its net income went down by 16.1 percent to $207 million from $246.8 million on a yearly basis.
Consolidated earnings decreased by 25 percent to $271.15 million from $361.52 million, while revenues slipped by 2.3 percent to $1.85 billion from $1.89 billion.
First Gen and its subsidiaries are primarily engaged in the power generation business and operate power plants that utilize natural gas, geothermal, wind, hydroelectric and solar energy.
This story is from the November 12, 2024 edition of The Philippine Star.
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This story is from the November 12, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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