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2024 starts slow for First Gen

By Inquirer - 7 months ago
MANILA, Philippines — Lower electricity prices, coupled with higher expenses and the end of a key supply deal, dragged down the earnings of Lopez-led First Gen Corp. by 11.7 percent to $78.8 million in the first quarter. First Gen president and COO Francis Giles Puno said on Wednesday the firm “started the year slow”—as expected—as

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