First Gen (PSE:GGEN) said its attributable recurring net income for the first quarter slid 4% to $77 million from $81 million a year ago.
The renewable energy solutions provider's revenue slid 2% to $583 million from $596 million a year earlier, according to a Tuesday Philippine bourse filing.
First Gen attributed the revenue decline to lower volumes of electricity sold during the quarter across the natural gas and geothermal platforms.
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