Outlook bared.

FIRST GEN Corp. expects its full net year income to grow threefold as it reverses declines last year, officials told reporters yesterday. The firm saw its first-quarter net income attributable to parent surge 171.4% to 452.1 million from $19.2 million in the same period last year. The increase "was mainly due to the higher net income contribution of Energy Development Corp. following repricing of offtake contracts as well as higher net income contribution FG Hydro Power Corp. due to higher electricity sales and lower expenses of Unified Leyte." First Gen revenues …