First Philippine Holdings Corporation engages in the power generation, real estate development, energy solutions, construction, and others business in the Philippines. It generates power through natural gas-fired, hydroelectric, geothermal, and wind and solar power plants. The company also develops residential and commercial projects; operates cinema, lodging, and hotels; develops and manages industrial estate; leases, owns, acquires, and sells real and personal properties, and land; maintains and cleans buildings and other facilities; supplies water; and provides waste management and sewage treatment facilities. In addition, it offers dry-type and fluid-immersed transformers, and electronic and electrical products; and packaged substation, project, technical services, and other power solutions. Further, the company constructs power plants, transmission lines, public infrastructure, and electro-mechanical works; provides drilling and workover services for exploratory or development wells; rents and leases trucks, tractors, vans, buses, trailers, light and heavy equipment, and other motor vehicles; produces, develops, and crushes concrete aggregates and other related products; and supplies petroleum products. Additionally, it is involved in the retail and office leasing activities; hauling, trucking, and delivery of goods and materials; quarrying and the production of rocks, stones, and other related products; provision of transport for trading and distribution, and specialized medical services; oil transporting, securities transfer, medical and research, education, financing, and other activities; and construction and operation of liquid or gas pipeline. First Philippine Holdings Corporation was formerly known as Meralco Securities Corporation and changed its name to First Philippine Holdings Corporation in September 1972. The company was incorporated in 1961 and is based in Pasig, the Philippines. First Philippine Holdings Corporation operates as a subsidiary of Lopez Holdings Corporation.
Filipino Market Performance
7D7 Days: -1.2%
3M3 Months: 0.4%
1Y1 Year: 4.3%
YTDYear to Date: 0.05%
Over the last 7 days, the market has dropped 1.2%, driven by pullbacks in the Industrials and Financials sectors of 2.0% and 2.6%, respectively. In the last year, the market is actually up 4.3%. Earnings are forecast to grow by 11% annually. Market details ›
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