Tag: filinvest development corporation
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Filinvest Development Corporation’s 1H24 net income rises 41% to P5.5B, 2Q growth at 46%
Filinvest Development Corporation’s (FDC) net income attributable to equity holders of the parent company grew by 41 percent to ₱5.5 billion in the first half of 2024 from ₱3.9 billion in the same period last year. For the second quarter, net income grew by 46 percent to ₱2.6 billion from ₱1.8 billion in the same period in 2023. The growth was driven mainly by the banking, power, and property businesses.
FDC 1Q24 net income grows by 36% to P2.9B
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.