Greenergy Holdings Inc. announced consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported income of PHP 1,570,601 against PHP 2,089,879 a year ago. Loss before income tax was PHP 3,818,122 against GBP 2,495,866 a year ago. Net loss was PHP 3,843,362 against PHP 2,521,106 a year ago. Net loss attributable to the equity holders of the parent company was PHP 2,776,551 against PHP 1,001,682 a year ago. Net cash used in operating activities was PHP 3,601,285 against PHP 4,036,222 a year ago. Book value per share as at March 31, 2018 was PHP 0.69.