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First Natgas Power Corporation (Philippines)

Main Activities: Electric Power Generation, Transmission and Distribution
Full name: First Natgas Power Corporation Profile Updated: February 03, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

First Natgas Power Corporation (FNPC) is a Philippine power generation company operating under the group of a major energy firm. It owns and operates natural-gas fired power generating assets - notably the combined-cycle 420 MW plant at San Gabriel in Batangas - supplying electricity to distribution utilities under long-term power supply agreements. FNPC is part of a portfolio that includes clean and lower-carbon generation sources, reflecting a strategic emphasis on efficient, gas-fired baseload and peaking power to support grid stability and demand requirements. The company's operations cover plant management, natural-gas procurement, generation, and sale of electricity, contributing to the national power supply mix. FNPC positions itself as a provider of relatively clean, efficient thermal power, balancing reliability and environmental considerations within the Philippine energy market's evolving regulatory and demand context.

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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Financial Auditors:
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Incorporation Date:
March 10, 2005
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
-0.76%
Total operating revenue
-1.14%
Operating profit (EBIT)
31.29%
EBITDA
31.29%
Net Profit (Loss) for the Period
130.35%
Total Assets
4.17%
Total Equity
9.86%
Operating Profit Margin (ROS)
3.3%
Net Profit Margin
5.27%
Return on Equity (ROE)
4.86%
Debt/Equity
-4.77%
Quick Ratio
0.18%
Cash Ratio
0.33%

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