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Bac Man Geothermal Inc (Philippines)

Main Activities: Electric Power Generation, Transmission and Distribution
Full name: Bac Man Geothermal Inc Profile Updated: November 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Bac-Man Geothermal Inc is a Philippine renewable energy company associated with the management and operation of the Bacon-Manito (Bac-Man) geothermal field located between the provinces of Albay and Sorsogon. The company's activities include steam-field management, geothermal resource development, reservoir monitoring, and maintenance of generation assets that convert geothermal steam into electricity. Bac-Man Geothermal operates production and re-injection wells, pipelines, and power plant facilities to deliver baseload renewable energy to the Luzon grid. The company follows stringent environmental and safety standards, implementing watershed protection, reforestation, and community development programs in host areas. Strategically, Bac-Man Geothermal Inc positions itself as a key contributor to the Philippine geothermal energy sector, focusing on reliable renewable power generation, resource sustainability, and long-term energy security.

Legal Address
9th floor, Rockwell Business Center Tower 3, Ortigas Avenue, Pasig City
Pasig; National Capital Region; Postal Code: 1604

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Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
April 07, 2010
Key Executives
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Chairman & CEO
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President
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Senior Vice President
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Senior Vice President
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Vice President
Ownership Details
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55.72%
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44.28%
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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
12.1%
Total operating revenue
12.34%
Operating profit (EBIT)
-28.77%
EBITDA
-28.77%
Net Profit (Loss) for the Period
-27.26%
Total Assets
8.47%
Total Equity
14.25%
Operating Profit Margin (ROS)
-9.05%
Net Profit Margin
-7.82%
Return on Equity (ROE)
-5.94%
Debt/Equity
1.98%
Quick Ratio
0.12%
Cash Ratio
0.01%

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