Filinvest Development Corporation (FDC) reported a growth of 36 percent in net income attributable to equity holders of the parent company of ₱2.9 billion in the first quarter of 2024 from ₱2.2 billion in the same period last year, while consolidated net income rose by 27 percent to ₱3.7 billion. The growth was achieved on the back of strong contributions from the banking, power and property businesses. Total revenues and other income rose by 28 percent to ₱26.4 billion, faster than the increase in costs and expenses of 25 percent to ₱21.6 billion.
Month: April 2024
Filinvest Group to Fast Forward Sustainability: Energy Efficient Buildings Leading the Change
The Filinvest Group is in constant move to drive synergy and redefine the role of the conglomerate in the growth and success of its diverse businesses. As it explores new investments and further strengthens its businesses, it also aims to demonstrate that at the heart of its operations is the purpose of continually enabling dreams for more Filipinos.
Francis Gotianun and Isabelle Yap featured in the 2024 Philippine Yearbook: Faces of the Future
The 2024 Philippines Yearbook was recently launched at the Rizal Park Hotel, inviting the nation’s accomplished individuals featured on its pages. The “Faces of the Future” theme came alive with attendees like young basketball prodigy Kieffer Alas and Quezon City Mayor Joy Belmonte. The yearbook highlighted the achievements of those shaping the Philippines, leaving readers with an optimistic outlook on the country’s future.
FAI wins three major category awards at the 2024 Asia Pacific Property Awards
Filinvest Alabang, Inc. (FAI) is proud to announce its recent accolades at the esteemed 2024 Asia Pacific Property Awards, further solidifying its position as a trailblazer in crafting vibrant and sustainable communities.
FDC registers broad-based net income growth of 58% to P8.9B in 2023
Filinvest Development Corporation (FDC) registered a net income attributable to equity holders of the parent company of ₱8.9 billion in 2023, 58 percent higher than the ₱5.7 billion recorded the previous year, while consolidated net income reached ₱12.1 billion, rising by 46 percent year-on year.