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First Gas Power Corporation (Philippines)

Main Activities: Electric Power Transmission, Control, and Distribution
Full name: First Gas Power Corporation Profile Updated: January 08, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

First Gas Power Corporation (FGPC) operates as a renewable energy company which developed and currently operates the 1,000-MW Santa Rita combined-cycle natural gas-fired power plant in Batangas that uses natural gas from the Malampaya Gas Field in offshore Northwest Palawan. FGPC is a wholly-owned subsidiary of First Gas Holdings Corporation (FGHC). The company's office is located in Pasig City.

Legal Address
6th Floor, Rockwell Business Center Tower 3, Ortigas Avenue, Pasig City
Pasig; National Capital Region; Postal Code: 1605

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Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
November 24, 1994
Key Executives
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Chairman & CEO
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President /COO
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Senior Vice President
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Senior Vice President
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Senior Vice President
Ownership Details
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100%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
38.45%
Total operating revenue
37%
Operating profit (EBIT)
-8.9%
Net Profit (Loss) for the Period
-15.83%
Total assets
-15.15%
Total equity
-12.29%
Operating Profit Margin (ROS)
-7.75%
Net Profit Margin
-7.28%
Return on Equity (ROE)
-2.07%
Debt to Equity Ratio
-15.19%
Quick Ratio
0.07%
Cash Ratio
-0.18%

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